2 Pine Needle CirAikenSC29803
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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 2 Pine Needle Cir, Aiken, SC, 29803 generates $3,114/mo in rent, after a $2,589/mo payment. Total monthly income is $3,114/mo. Return on cash invested sits at 19.02% in year one, and rental yield is 7.06% on a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 98.04% and total cumulative return in cash sums $170,633. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,114/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.55 Acres lot
$N/A/sqft
$116 monthly 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: Randal A Longo • iSave Realty Summerville
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #218927
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.