275 Switchgrass RunAikenSC29803
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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 275 Switchgrass Run, Aiken, SC, 29803 uses $132,567 cash to close to unlock $8,277/yr annual cash flow and $690/mo monthly cash flow. Total monthly income runs $3,070/mo, and a $1,957/mo payment keeps the spread at $690/mo. Purchase price stands at $399,900, and rental yield measures 9.21% with $3,070/mo rent. Return on cash invested shows 26.15% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 136.01% and total cumulative return in cash records $180,308. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,070/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 2024
7,840 sqft lot
$N/A/sqft
No 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: Anna Shamber Adkins • Real Estate Simplified
Mls Name: Aiken MLS
Mls ID: #221228