2097 Catlet CtAikenSC29803
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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 Aiken at 2097 Catlet Ct, Aiken, SC, 29803 offers a 11.77% rental yield on a $194,000 purchase with $1,903/mo rent. Total monthly income registers $1,903/mo, and a $950/mo payment leaves $470/mo available for distribution. Annual cash flow reaches $5,637/yr on $64,311 to close, and return on cash invested stands at 28.67% in year one. Equity gained on principal adds $1,252/yr while 5% annual appreciation supports $53,599 over five years. Portfolio math shows five-year ROI at 151.45% and total cumulative return in cash at $97,400. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,903/mo property income against a $950/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2022
4,356 sqft lot
$N/A/sqft
$103 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: Cathy L Austin • EXP Realty LLC Columbia
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #211282
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.