4058 Fringetree LoopAikenSC29803
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4058 Fringetree Loop, Aiken, SC, 29803 priced at $261,000 converts $2,400/mo rent into $826/mo cash flow after a $1,277/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $9,911/yr on $86,522 invested. Return on cash invested prints 31.36% in year one, and rental yield reads 11.03% against a $261,000 entry. Equity gained on principal adds $1,684/yr, while 5% annual appreciation compiles into $72,109 by year five. Five-year ROI reaches 164.06% and total cumulative return in cash sums $141,943. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,277/mo payment, not borrower’s personal income.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
$250 annually 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: Southern Homes Group Team • Southern Homes Group Real Estate Company
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #214492
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.