1301 Morningside DrAikenSC29801
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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 Aiken at 1301 Morningside Dr, Aiken, SC, 29801 listed at $294,000 pairs $2,422/mo rent with a $1,439/mo payment to leave $672/mo cash flow. Total monthly income runs $2,422/mo, and annual cash flow reaches $8,062/yr on $97,461 cash to close. Return on cash invested measures 28.18% in year one, and rental yield registers 9.89% at a $294,000 basis. Equity gained on principal adds $1,897/yr, and annual property appreciation at 5% supports $81,227 by year five. Five-year ROI tracks 146.89% and total cumulative return in cash totals $143,160. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,422/mo property income relative to a $1,439/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29801, Aiken, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,006 (100%) |
| Owner Occupied HU | 8,411 (60.1%) |
| Renter Occupied HU | 3,908 (27.9%) |
| Vacant Housing Units | 1,687 (12.0%) |
| Median Home Value | $213,781 |
| Average Home Value | $272,151 |
Housing Distribution
Address Breakdown
Residential
12,717
Single Family
12,341
Multi-Family
376
Businesses
1,055
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Listed by: Tiffany Justice • JT REALTY
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #544460
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.