2001 Mayfield DrNorth 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
Investment property for sale in North Augusta at 2001 Mayfield Dr, North Augusta, SC, 29860 uses $141,799 cash to close to unlock $892/yr annual cash flow and $74/mo monthly cash flow. Total monthly income runs $2,621/mo, and a $2,094/mo payment keeps the spread at $74/mo. Purchase price stands at $427,750, and rental yield measures 7.35% with $2,621/mo rent. Return on cash invested shows 20.54% in year one, and 5% annual appreciation builds toward $118,179 over five years. Five-year ROI reaches 105.93% and total cumulative return in cash records $150,208. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,621/mo property income covering a $2,094/mo payment rather than investor’s personal income.
Single Family
Built in 1974
N/A 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: Louie B. Hydrick • RE/MAX Reinvented
Mls Name: REALTORS of Greater Augusta
Mls ID: #544967