35 Independent Hill LnNorth AugustaSC29860
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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 35 Independent Hill Ln, North Augusta, SC, 29860 offers a 7.52% rental yield on a $479,900 purchase with $3,008/mo rent. Total monthly income registers $3,008/mo, and a $2,349/mo payment leaves $151/mo available for distribution. Annual cash flow reaches $1,813/yr on $159,087 to close, and return on cash invested stands at 21.05% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 108.66% and total cumulative return in cash at $172,869. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,008/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.27 Acres 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
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Listed by: William Seamon • Real Broker LLC
Mls Name: Aiken MLS
Mls ID: #220279