617 Slade Lake Dr LOT 46North 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
Rental property for sale in North Augusta at 617 Slade Lake Dr LOT 46, North Augusta, SC, 29841 generates $2,640/mo in rent, after a $2,274/mo payment. Total monthly income is $2,640/mo. Return on cash invested sits at 18.66% in year one, and rental yield is 6.82% on a $464,620 entry. Equity gained on principal adds $2,998/yr, while 5% annual appreciation builds toward $128,366 over five years. Five-year ROI reaches 95.92% and total cumulative return in cash sums $147,744. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.33 Acres lot
$N/A/sqft
$421 annually 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: Shannon D Rollings • Shannon Rollings Real Estate
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #212523
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.