620 Boone CtAikenSC29801
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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 620 Boone Ct, Aiken, SC, 29801 priced at $283,999 pairs $2,192/mo rent with $230/mo cash flow after a $1,390/mo payment. Total monthly income equals $2,192/mo, and annual cash flow comes to $2,755/yr on $94,146 invested. Return on cash invested is 22.84% in year one, and rental yield stands at 9.26% on a $283,999 basis. Equity gained on principal adds $1,833/yr, and 5% annual appreciation accumulates to $78,464 by year five. Five-year ROI measures 119.49% and total cumulative return in cash reaches $112,492. For financing, Ziffy Mortgage’s DSCR program evaluates $2,192/mo property income against a $1,390/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
7,840 sqft lot
$N/A/sqft
$105 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29801, Aiken, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,006 (100%) |
| Owner Occupied HU | 8,411 (60.1%) |
| Renter Occupied HU | 3,908 (27.9%) |
| Vacant Housing Units | 1,687 (12.0%) |
| Median Home Value | $213,781 |
| Average Home Value | $272,151 |
Housing Distribution
Address Breakdown
Residential
12,717
Single Family
12,341
Multi-Family
376
Businesses
1,055
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Listed by: Anita M Parks • McKinney Realty
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #215495
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.