604 Summer Lakes DrAikenSC29805
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 604 Summer Lakes Dr, Aiken, SC, 29805 in Aiken at $515,000 earns $3,235/mo in rent and nets $115/mo after the $2,316/mo payment, a 7.54% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $142,285 over five years. Ziffy Mortgage underwrites this on a 1.40 DSCR without U.S. credit history. With $4,743/yr in principal paydown, total projected return reaches $205,617.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 4.8% |
| Monthly Cash Flow | $115 | $385 |
City averages based on Aiken market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,235 |
| Total Monthly Debt Service | $2,861 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charissa S. Jones • Realty One Group Visionaries
Mls Name: Aiken MLS
Mls ID: #218270