304 S South Boundary AveNew EllentonSC29809
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 New Ellenton at 304 S South Boundary Ave, New Ellenton, SC, 29809 listed at $149,900 pairs $1,199/mo rent with a $734/mo payment to leave $306/mo cash flow. Total monthly income runs $1,199/mo, and annual cash flow reaches $3,676/yr on $49,692 cash to close. Return on cash invested measures 27.31% in year one, and rental yield registers 9.6% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 142.26% and total cumulative return in cash totals $70,691. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,199/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29809, New Ellenton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,290 (100%) |
| Owner Occupied HU | 908 (70.4%) |
| Renter Occupied HU | 249 (19.3%) |
| Vacant Housing Units | 133 (10.3%) |
| Median Home Value | $211,818 |
| Average Home Value | $379,369 |
Housing Distribution
Address Breakdown
Residential
1,022
Single Family
1,022
Multi-Family
0
Businesses
111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Olivia Clayton • Olde South Properties - North Augusta
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #215098
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.