418 Palm Dr SAikenSC29803
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
Investment property for sale in Aiken at 418 Palm Dr S, Aiken, SC, 29803 at $165,000 posts ROI 33.48% with $618/mo cash flow from $1,601/mo rent. Total monthly income equals $1,601/mo, and annual cash flow records $7,421/yr on $54,698 to close. Return on cash invested measures 33.48% and rental yield reads 11.64% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 175.33% and total cumulative return in cash totals $95,903.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,601/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
6,534 sqft lot
$N/A/sqft
No 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: Alexis Waters • Fabulous Aiken Homes LLC
Mls Name: Aiken MLS
Mls ID: #219709