508 Coleman Bridge RdAIKENSC29805
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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 508 Coleman Bridge Rd, AIKEN, SC, 29805 priced at $1,950,000 converts $2,930/mo rent into after a $9,544/mo obligation. Total monthly income equals $2,930/mo. Return on cash invested prints 3.89% in year one, and rental yield reads 1.8% against a $1,950,000 entry. Equity gained on principal adds $12,583/yr, while 5% annual appreciation compiles into $538,749 by year five. Five-year ROI reaches 16.52% and total cumulative return in cash sums $104,357. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,930/mo property income covering a $9,544/mo payment, not borrower’s personal income.
Single Family
Built in 1990
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29805, Aiken, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,860 (100%) |
| Owner Occupied HU | 2,225 (77.8%) |
| Renter Occupied HU | 379 (13.3%) |
| Vacant Housing Units | 256 ( 9.0%) |
| Median Home Value | $258,275 |
| Average Home Value | $320,710 |
Housing Distribution
Address Breakdown
Residential
2,813
Single Family
2,812
Multi-Family
1
Businesses
85
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Listed by: Sharer Dale Team • Keller Williams Realty Aiken Partners
Mls Name: Aiken MLS
Mls ID: #220700