486 Old Walnut BrNorth AugustaSC29860
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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
Investment property for sale in North Augusta at 486 Old Walnut Br, North Augusta, SC, 29860 with 5% annual appreciation on a $299,900 basis while $2,076/mo rent supports operations. Total monthly income totals $2,076/mo and a $1,468/mo payment preserves $291/mo for cash returns. Annual cash flow comes to $3,487/yr on $99,417 deployed, and return on cash invested reaches 23.42% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 8.31%. Five-year ROI measures 121.36% and total cumulative return in cash totals $120,652.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,076/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29860, North Augusta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,938 (100%) |
| Owner Occupied HU | 6,309 (79.5%) |
| Renter Occupied HU | 1,025 (12.9%) |
| Vacant Housing Units | 604 ( 7.6%) |
| Median Home Value | $264,904 |
| Average Home Value | $271,717 |
Housing Distribution
Address Breakdown
Residential
7,782
Single Family
7,782
Multi-Family
0
Businesses
184
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Listed by: Jessica Thompson • Meybohm Real Estate - Augusta
Mls Name: Aiken MLS
Mls ID: #221413