450 Edisto 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 450 Edisto Dr, North Augusta, SC, 29841 priced at $198,000 pairs $1,800/mo rent with $618/mo cash flow after a $969/mo payment. Total monthly income equals $1,800/mo, and annual cash flow comes to $7,420/yr on $65,637 invested. Return on cash invested is 31.21% in year one, and rental yield stands at 10.91% on a $198,000 basis. Equity gained on principal adds $1,278/yr, and 5% annual appreciation accumulates to $54,704 by year five. Five-year ROI measures 163.23% and total cumulative return in cash reaches $107,140. For financing, Ziffy Mortgage’s DSCR program evaluates $1,800/mo property income against a $969/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
0.28 Acres lot
$N/A/sqft
No 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: Angela Marie Wikert • Bragg & Associates Real Estate, Llc
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #539814
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.