622 Whitewood WayNorth AugustaSC29860
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
Rental property for sale in North Augusta at 622 Whitewood Way, North Augusta, SC, 29860 offers $4,560/mo rent that, after a $2,594/mo payment, leaves $1,405/mo cash flow. Total monthly income is $4,560/mo, and annual cash flow is $16,861/yr on $174,370 cash. Return on cash invested measures 29.73% in year one, and rental yield stands at 10.32% at a $530,000 entry. Equity gained on principal adds $3,420/yr while 5% annual appreciation compounds into $146,429 by year five. Five-year ROI records 155.19% and total cumulative return in cash reaches $270,607. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,560/mo property income versus a $2,594/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.45 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sullivan Turner Team • Meybohm Real Estate - Aiken
Mls Name: Aiken MLS
Mls ID: #221084