487 Narrow Bridge CtAikenSC29801
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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 Aiken at 487 Narrow Bridge Ct, Aiken, SC, 29801 offers a 7.72% rental yield on a $279,800 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $1,369/mo payment leaves $119/mo available for distribution. Annual cash flow reaches $1,423/yr on $92,754 to close, and return on cash invested stands at 21.44% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,304 over five years. Portfolio math shows five-year ROI at 110.85% and total cumulative return in cash at $102,822. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $1,369/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
$195 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29801, Aiken, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,006 (100%) |
| Owner Occupied HU | 8,411 (60.1%) |
| Renter Occupied HU | 3,908 (27.9%) |
| Vacant Housing Units | 1,687 (12.0%) |
| Median Home Value | $213,781 |
| Average Home Value | $272,151 |
Housing Distribution
Address Breakdown
Residential
12,717
Single Family
12,341
Multi-Family
376
Businesses
1,055
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Listed by: Donatella Armstrong Key • Southeastern Residential
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #214633
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.