354 Park Ave SWAikenSC29801
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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
Rental property for sale in Aiken at 354 Park Ave SW, Aiken, SC, 29801 offers $4,456/mo rent that, after a $6,358/mo payment. Total monthly income is $4,456/mo. Return on cash invested measures 9.42% in year one, and rental yield stands at 4.12% at a $1,299,000 entry. Equity gained on principal adds $8,382/yr while 5% annual appreciation compounds into $358,890 by year five. Five-year ROI records 46.77% and total cumulative return in cash reaches $196,861. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,456/mo property income versus a $6,358/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
1,306 sqft lot
$N/A/sqft
$1,000 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29801, Aiken, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,006 (100%) |
| Owner Occupied HU | 8,411 (60.1%) |
| Renter Occupied HU | 3,908 (27.9%) |
| Vacant Housing Units | 1,687 (12.0%) |
| Median Home Value | $213,781 |
| Average Home Value | $272,151 |
Housing Distribution
Address Breakdown
Residential
12,717
Single Family
12,341
Multi-Family
376
Businesses
1,055
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Listed by: Thomas F Bossard • Carolina Real Estate Company
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #215750
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.