339 2nd AveNorth 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
Investment property for sale in North Augusta at 339 2nd Ave, North Augusta, SC, 29841 earns $320/mo cash flow from $1,505/mo rent with a $974/mo payment. Total monthly income totals $1,505/mo, and annual cash flow totals $3,845/yr on $65,969 capital. ROI tracks 25.74% on current figures, and rental yield reads 9.08% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 133.84% and total cumulative return in cash sums $88,290. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,505/mo property income instead of your personal income.
Single Family
Built in 1975
10,454 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: Candace Tucker • Starnes Realty
Mls Name: Aiken MLS
Mls ID: #220652