617 Morris RunNorth 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
Investment property for sale in North Augusta at 617 Morris Run, North Augusta, SC, 29860 with 5% annual appreciation on a $570,000 basis while $2,845/mo rent supports operations. 29% in year one. Equity gained on principal adds $3,678/yr, and five-year appreciation sums $157,480 alongside rental yield of 5.99%. Five-year ROI measures 83.19% and total cumulative return in cash totals $156,001. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,845/mo property income versus a $2,790/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2011
0.31 Acres lot
$N/A/sqft
$500 annually 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: Shannon D Rollings • Shannon Rollings Real Estate
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #217836
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.