283 Willow Lake DrAikenSC29803
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 Aiken at 283 Willow Lake Dr, Aiken, SC, 29803 at $529,000 posts ROI 20.45% with $57/mo cash flow from $3,322/mo rent. Total monthly income equals $3,322/mo, and annual cash flow records $686/yr on $174,041 to close. Return on cash invested measures 20.45% and rental yield reads 7.54% at the current $529,000. Equity gained on principal adds $3,414/yr, and 5% annual appreciation supports $146,153 by year five. Five-year ROI prints 105.73% and total cumulative return in cash totals $184,013.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,322/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
0.64 Acres lot
$N/A/sqft
$1,392 annually 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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Nearby investment properties with comparable prices
Listed by: Kim Cooper • Meybohm Real Estate - Aiken
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #217346
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.