340 Norfolk DrAikenSC29803
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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 Aiken at 340 Norfolk Dr, Aiken, SC, 29803 offers a 9.59% rental yield on a $290,000 purchase with $2,318/mo rent. Total monthly income registers $2,318/mo, and a $1,419/mo payment leaves $477/mo available for distribution. Annual cash flow reaches $5,725/yr on $96,135 to close, and return on cash invested stands at 25.86% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 135.03% and total cumulative return in cash at $129,808. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,318/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2013
7,405 sqft lot
$N/A/sqft
$115 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29803, Aiken, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,169 (100%) |
| Owner Occupied HU | 15,226 (75.5%) |
| Renter Occupied HU | 3,539 (17.5%) |
| Vacant Housing Units | 1,404 ( 7.0%) |
| Median Home Value | $318,457 |
| Average Home Value | $356,519 |
Housing Distribution
Address Breakdown
Residential
19,802
Single Family
19,123
Multi-Family
679
Businesses
904
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Listed by: Kim Frazier • Berkshire Hathaway HomeServices Beazley, Realtors Aiken
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #217376
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.