437 True Cedar WayAikenSC29803
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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 437 True Cedar Way, Aiken, SC, 29803 priced at $499,990 converts $1,376/mo rent into after a $2,447/mo obligation. Total monthly income equals $1,376/mo. Return on cash invested prints 8.32% in year one, and rental yield reads 3.3% against a $499,990 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,138 by year five. Five-year ROI reaches 40.4% and total cumulative return in cash sums $66,965. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,376/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.61 Acres 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: Michelle Shirley • Southeastern Residential, LLC
Mls Name: Hive MLS
Mls ID: #549929