116 Springwood DrNorth AugustaSC29841
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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 North Augusta at 116 Springwood Dr, North Augusta, SC, 29841 with 5% annual appreciation on a $340,354 basis while $1,373/mo rent supports operations. 96% in year one. Equity gained on principal adds $2,196/yr, and five-year appreciation sums $94,034 alongside rental yield of 4.84%. Five-year ROI measures 65.28% and total cumulative return in cash totals $73,653. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,373/mo property income versus a $1,666/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29841, North Augusta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,966 (100%) |
| Owner Occupied HU | 10,367 (64.9%) |
| Renter Occupied HU | 4,266 (26.7%) |
| Vacant Housing Units | 1,333 ( 8.3%) |
| Median Home Value | $214,024 |
| Average Home Value | $274,435 |
Housing Distribution
Address Breakdown
Residential
14,890
Single Family
13,869
Multi-Family
1,021
Businesses
763
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Listed by: Donatella Armstrong Key • Blanchard & Calhoun - Evans
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #219841
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.