3037 Congaree Ave NWAikenSC29801
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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 Aiken at 3037 Congaree Ave NW, Aiken, SC, 29801 generates $2,125/mo in rent and, after a $1,223/mo payment, leaves $638/mo in cash flow. Total monthly income is $2,125/mo, and annual cash flow is $7,650/yr on $82,842 invested. Return on cash invested sits at 29.14% in year one, and rental yield is 10.2% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 152.06% and total cumulative return in cash sums $125,966. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,125/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29801, Aiken, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,006 (100%) |
| Owner Occupied HU | 8,411 (60.1%) |
| Renter Occupied HU | 3,908 (27.9%) |
| Vacant Housing Units | 1,687 (12.0%) |
| Median Home Value | $213,781 |
| Average Home Value | $272,151 |
Housing Distribution
Address Breakdown
Residential
12,717
Single Family
12,341
Multi-Family
376
Businesses
1,055
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Listed by: Lisa Glass • RE/MAX Tattersall Group
Mls Name: Aiken MLS
Mls ID: #219498