534 Hillcrest DriveNorth AugustaSC29841
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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
Investment property for sale in North Augusta at 534 Hillcrest Drive, North Augusta, SC, 29841 uses $84,533 cash to close to unlock $3,650/yr annual cash flow and $304/mo monthly cash flow. Total monthly income runs $1,822/mo, and a $1,248/mo payment keeps the spread at $304/mo. Purchase price stands at $255,000, and rental yield measures 8.57% with $1,822/mo rent. Return on cash invested shows 24.23% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 125.74% and total cumulative return in cash records $106,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,822/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.36 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 |
Housing Distribution
Address Breakdown
Residential
14,890
Single Family
13,869
Multi-Family
1,021
Businesses
763
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Listed by: McKenna Hamilton • Keller Williams Realty Augusta Partners
Mls Name: Hive MLS
Mls ID: #549469