513 Grant Ave, North Augusta, SC, 29841 | $711/mo Cash Flow

For Sale

Ziffy Mortgage

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

Rental property for sale in North Augusta at 513 Grant Ave, North Augusta, SC, 29841 generates $2,198/mo in rent and, after a $1,223/mo payment, leaves $711/mo in cash flow. Total monthly income is $2,198/mo, and annual cash flow is $8,526/yr on $82,842 invested. Return on cash invested sits at 30.2% in year one, and rental yield is 10.55% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 157.75% and total cumulative return in cash sums $130,682. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,198/mo property income rather than buyer’s personal income.

Single Family

Built in 1949

7,405 sqft 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