488 Basalt CtBeech IslandSC29842
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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 Beech Island at 488 Basalt Ct, Beech Island, SC, 29842 priced at $351,450 converts $2,202/mo rent into $110/mo cash flow after a $1,720/mo obligation. Total monthly income equals $2,202/mo, and annual cash flow totals $1,321/yr on $116,506 invested. Return on cash invested prints 21.04% in year one, and rental yield reads 7.52% against a $351,450 entry. Equity gained on principal adds $2,268/yr, while 5% annual appreciation compiles into $97,099 by year five. Five-year ROI reaches 108.64% and total cumulative return in cash sums $126,577. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,202/mo property income covering a $1,720/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29842, Beech Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,891 (100%) |
| Owner Occupied HU | 2,781 (71.5%) |
| Renter Occupied HU | 777 (20.0%) |
| Vacant Housing Units | 333 ( 8.6%) |
| Median Home Value | $147,949 |
| Average Home Value | $213,999 |
Housing Distribution
Address Breakdown
Residential
3,580
Single Family
3,540
Multi-Family
40
Businesses
172
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Listed by: Justin Bolin • Vander Morgan Realty
Mls Name: Aiken MLS
Mls ID: #218639