137 Longridge LoopAikenSC29803
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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
Rental property for sale in Aiken at 137 Longridge Loop, Aiken, SC, 29803 offers $2,362/mo rent that, after a $1,444/mo payment, leaves $606/mo cash flow. Total monthly income is $2,362/mo, and annual cash flow is $7,270/yr on $97,793 cash. Return on cash invested measures 27.34% in year one, and rental yield stands at 9.61% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Five-year ROI records 142.39% and total cumulative return in cash reaches $139,250. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,362/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29803, Aiken, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,169 (100%) |
| Owner Occupied HU | 15,226 (75.5%) |
| Renter Occupied HU | 3,539 (17.5%) |
| Vacant Housing Units | 1,404 ( 7.0%) |
| Median Home Value | $318,457 |
| Average Home Value | $356,519 |
Housing Distribution
Address Breakdown
Residential
19,802
Single Family
19,123
Multi-Family
679
Businesses
904
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Listed by: Angela Boyette • RE/MAX Reinvented
Mls Name: Aiken MLS
Mls ID: #220667