111 N Circle DrBeech IslandSC29842
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Beech Island at 111 N Circle Dr, Beech Island, SC, 29842 uses $91,129 cash to close to unlock $10,189/yr annual cash flow and $849/mo monthly cash flow. Total monthly income runs $2,485/mo, and a $1,346/mo payment keeps the spread at $849/mo. Purchase price stands at $274,900, and rental yield measures 10.85% with $2,485/mo rent. Return on cash invested shows 31.09% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 162.54% and total cumulative return in cash records $148,119. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,485/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29842, Beech Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,891 (100%) |
| Owner Occupied HU | 2,781 (71.5%) |
| Renter Occupied HU | 777 (20.0%) |
| Vacant Housing Units | 333 ( 8.6%) |
| Median Home Value | $147,949 |
| Average Home Value | $213,999 |
Housing Distribution
Address Breakdown
Residential
3,580
Single Family
3,540
Multi-Family
40
Businesses
172
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Listed by: Charles Blackston • Blackston & Associates
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #533828
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.