523 Alex CtNorth AugustaSC29860
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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 North Augusta at 523 Alex Ct, North Augusta, SC, 29860 priced at $353,625 pairs $2,076/mo rent with after a $1,731/mo payment. Total monthly income equals $2,076/mo. Return on cash invested is 19.61% in year one, and rental yield stands at 7.04% on a $353,625 basis. Equity gained on principal adds $2,282/yr, and 5% annual appreciation accumulates to $97,700 by year five. Five-year ROI measures 100.93% and total cumulative return in cash reaches $118,320. For financing, Ziffy Mortgage’s DSCR program evaluates $2,076/mo property income against a $1,731/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29860, North Augusta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,938 (100%) |
| Owner Occupied HU | 6,309 (79.5%) |
| Renter Occupied HU | 1,025 (12.9%) |
| Vacant Housing Units | 604 ( 7.6%) |
| Median Home Value | $264,904 |
| Average Home Value | $271,717 |
Housing Distribution
Address Breakdown
Residential
7,782
Single Family
7,782
Multi-Family
0
Businesses
184
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Listed by: N/A • Stanley Martin Homes
Mls Name: Stanley Martin Homes
Mls Provider:
Mls ID: #N/A