431 Dove Lake DrNorth AugustaSC29841
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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 North Augusta at 431 Dove Lake Dr, North Augusta, SC, 29841 priced at $445,000 converts $2,856/mo rent into $172/mo cash flow after a $2,178/mo obligation. Total monthly income equals $2,856/mo, and annual cash flow totals $2,064/yr on $147,518 invested. Return on cash invested prints 21.31% in year one, and rental yield reads 7.7% against a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation compiles into $122,945 by year five. Five-year ROI reaches 110.12% and total cumulative return in cash sums $162,440. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,856/mo property income covering a $2,178/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.37 Acres lot
$N/A/sqft
$421 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29841, North Augusta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,966 (100%) |
| Owner Occupied HU | 10,367 (64.9%) |
| Renter Occupied HU | 4,266 (26.7%) |
| Vacant Housing Units | 1,333 ( 8.3%) |
| Median Home Value | $214,024 |
| Average Home Value | $274,435 |
Housing Distribution
Address Breakdown
Residential
14,890
Single Family
13,869
Multi-Family
1,021
Businesses
763
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Listed by: Charity Marcus • Meybohm Real Estate - Evans
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #540737
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.