303 Village PkwyNorth 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 303 Village Pkwy, North Augusta, SC, 29841 priced at $310,000 converts $2,020/mo rent into $175/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,020/mo, and annual cash flow totals $2,099/yr on $102,765 invested. Return on cash invested prints 21.95% in year one, and rental yield reads 7.82% against a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,647 by year five. Five-year ROI reaches 113.49% and total cumulative return in cash sums $116,623. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,020/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Townhouse
Built in 2000
6,098 sqft 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: Janet Vaughan • Meybohm Real Estate - North Au
Mls Name: Aiken MLS
Mls ID: #221175