646 Lincoln AveAikenSC29801
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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 646 Lincoln Ave, Aiken, SC, 29801 priced at $230,000 pairs $1,611/mo rent with $242/mo cash flow after a $1,126/mo payment. Total monthly income equals $1,611/mo, and annual cash flow comes to $2,899/yr on $76,245 invested. Return on cash invested is 23.71% in year one, and rental yield stands at 8.41% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 122.94% and total cumulative return in cash reaches $93,739. For financing, Ziffy Mortgage’s DSCR program evaluates $1,611/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.27 Acres lot
$N/A/sqft
No 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: Eleanor Williams • Keller Williams Realty Aiken Partners
Mls Name: Aiken MLS
Mls ID: #221099