355 Mill Branch Way, North Augusta, SC, 29860 | $329/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in North Augusta at 355 Mill Branch Way, North Augusta, SC, 29860 with 5% annual appreciation on a $299,900 basis while $2,119/mo rent supports operations. Total monthly income totals $2,119/mo and a $1,468/mo payment preserves $329/mo for cash returns. Annual cash flow comes to $3,943/yr on $99,417 deployed, and return on cash invested reaches 23.88% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 8.48%. Five-year ROI measures 123.83% and total cumulative return in cash totals $123,112.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,119/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2005

0.25 Acres lot

$N/A/sqft

$5 monthly 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