604 Summer Lakes DrAikenSC29805
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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 604 Summer Lakes Dr, Aiken, SC, 29805 generates $3,235/mo in rent and, after a $2,521/mo payment, leaves $169/mo in cash flow. Total monthly income is $3,235/mo, and annual cash flow is $2,028/yr on $169,435 invested. Return on cash invested sits at 21.26% in year one, and rental yield is 7.54% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 109.71% and total cumulative return in cash sums $185,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,235/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
1.47 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: Charissa S. Jones • Realty One Group Visionaries
Mls Name: Aiken MLS
Mls ID: #218270