245 Preston CtNorth AugustaSC29860
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 245 Preston Ct, North Augusta, SC, 29860 earns $38/mo cash flow from $2,537/mo rent with a $2,055/mo payment. Total monthly income totals $2,537/mo, and annual cash flow totals $451/yr on $139,197 capital. ROI tracks 20.23% on current figures, and rental yield reads 7.25% at a $419,900 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 over five years. Five-year ROI reaches 104.28% and total cumulative return in cash sums $145,152. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,537/mo property income instead of your personal income.
Single Family
Built in 2020
0.27 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Farrah Brown La Pan • Real Estate Simplified
Mls Name: Aiken MLS
Mls ID: #221167