695 Mealing RdNorth 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
Investment property for sale in North Augusta at 695 Mealing Rd, North Augusta, SC, 29860 listed at $475,000 pairs $3,253/mo rent with a $2,325/mo payment to leave $425/mo cash flow. Total monthly income runs $3,253/mo, and annual cash flow reaches $5,104/yr on $157,463 cash to close. Return on cash invested measures 23.15% in year one, and rental yield registers 8.22% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 119.93% and total cumulative return in cash totals $188,851. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,253/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
3.25 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
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Nearby investment properties with comparable prices
Listed by: Jason R Kinard • Meybohm Real Estate - North Au
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #217391
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.