307 Redbud DriveNorth AugustaSC29860
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
Rental property for sale in North Augusta at 307 Redbud Drive, North Augusta, SC, 29860 priced at $259,900 pairs $2,042/mo rent with $495/mo cash flow after a $1,272/mo payment. Total monthly income equals $2,042/mo, and annual cash flow comes to $5,939/yr on $86,157 invested. Return on cash invested is 26.8% in year one, and rental yield stands at 9.43% on a $259,900 basis. Equity gained on principal adds $1,677/yr, and 5% annual appreciation accumulates to $71,806 by year five. Five-year ROI measures 139.47% and total cumulative return in cash reaches $120,166. For financing, Ziffy Mortgage’s DSCR program evaluates $2,042/mo property income against a $1,272/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
8,996 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29860, North Augusta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,938 (100%) |
| Owner Occupied HU | 6,309 (79.5%) |
| Renter Occupied HU | 1,025 (12.9%) |
| Vacant Housing Units | 604 ( 7.6%) |
| Median Home Value | $264,904 |
| Average Home Value | $271,717 |
Housing Distribution
Address Breakdown
Residential
7,782
Single Family
7,782
Multi-Family
0
Businesses
184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lee Kitchen • Meybohm Real Estate - North Augusta
Mls Name: Hive MLS
Mls ID: #547414