2006 Wellington RdNorth AugustaSC29841
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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 2006 Wellington Rd, North Augusta, SC, 29841 generates $1,387/mo in rent, after a $3,549/mo payment. Total monthly income is $1,387/mo. Return on cash invested sits at 5.32% in year one, and rental yield is 2.3% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 24.29% and total cumulative return in cash sums $57,929. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,387/mo property income rather than buyer’s personal income.
Multi Family
Built in 1984
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29841, North Augusta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,966 (100%) |
| Owner Occupied HU | 10,367 (64.9%) |
| Renter Occupied HU | 4,266 (26.7%) |
| Vacant Housing Units | 1,333 ( 8.3%) |
| Median Home Value | $214,024 |
| Average Home Value | $274,435 |
Housing Distribution
Address Breakdown
Residential
14,890
Single Family
13,869
Multi-Family
1,021
Businesses
763
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Listed by: Charity Dawn Brazzle • Exp Realty, Llc
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #532323
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.