608 Cardinal DrAikenSC29803
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
Investment Highlights
Investment property for sale in Aiken at 608 Cardinal Dr, Aiken, SC, 29803 uses $87,848 cash to close to unlock $9,391/yr annual cash flow and $783/mo monthly cash flow. Total monthly income runs $2,360/mo, and a $1,297/mo payment keeps the spread at $783/mo. Purchase price stands at $265,000, and rental yield measures 10.69% with $2,360/mo rent. Return on cash invested shows 30.6% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 159.88% and total cumulative return in cash records $140,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,360/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29803, Aiken, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,169 (100%) |
| Owner Occupied HU | 15,226 (75.5%) |
| Renter Occupied HU | 3,539 (17.5%) |
| Vacant Housing Units | 1,404 ( 7.0%) |
| Median Home Value | $318,457 |
| Average Home Value | $356,519 |
Housing Distribution
Address Breakdown
Residential
19,802
Single Family
19,123
Multi-Family
679
Businesses
904
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Blasingame • Forth & Bound Real Estate Company
Mls Name: Aiken MLS
Mls ID: #219235