511 East Ave, North Augusta, SC, 29841 | $232/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in North Augusta at 511 East Ave, North Augusta, SC, 29841 offers a 8.12% rental yield on a $285,000 purchase with $1,929/mo rent. Total monthly income registers $1,929/mo, and a $1,395/mo payment leaves $232/mo available for distribution. Annual cash flow reaches $2,789/yr on $94,478 to close, and return on cash invested stands at 22.86% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 118.4% and total cumulative return in cash at $111,858. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,929/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1942

0.26 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