1371 Stephens RdNorth AugustaSC29860
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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 North Augusta at 1371 Stephens Rd, North Augusta, SC, 29860 generates $1,894/mo in rent and, after a $1,216/mo payment, leaves $287/mo in cash flow. Total monthly income is $1,894/mo, and annual cash flow is $3,449/yr on $82,378 invested. Return on cash invested sits at 24.1% in year one, and rental yield is 9.15% on a $248,500 entry. Equity gained on principal adds $1,604/yr, while 5% annual appreciation builds toward $68,656 over five years. Five-year ROI reaches 125.68% and total cumulative return in cash sums $103,531. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,894/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29860, North Augusta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,938 (100%) |
| Owner Occupied HU | 6,309 (79.5%) |
| Renter Occupied HU | 1,025 (12.9%) |
| Vacant Housing Units | 604 ( 7.6%) |
| Median Home Value | $264,904 |
| Average Home Value | $271,717 |
Housing Distribution
Address Breakdown
Residential
7,782
Single Family
7,782
Multi-Family
0
Businesses
184
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Listed by: Zachary Cook • Myers House Buyers
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #215694
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.