783 Main StNew EllentonSC29809
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 New Ellenton at 783 Main St, New Ellenton, SC, 29809 offers $2,244/mo rent that, after a $1,419/mo payment, leaves $518/mo cash flow. Total monthly income is $2,244/mo, and annual cash flow is $6,217/yr on $96,135 cash. Return on cash invested measures 26.38% in year one, and rental yield stands at 9.29% at a $290,000 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,122 by year five. Five-year ROI records 137.26% and total cumulative return in cash reaches $131,956. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,244/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29809, New Ellenton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,290 (100%) |
| Owner Occupied HU | 908 (70.4%) |
| Renter Occupied HU | 249 (19.3%) |
| Vacant Housing Units | 133 (10.3%) |
| Median Home Value | $211,818 |
| Average Home Value | $379,369 |
Housing Distribution
Address Breakdown
Residential
1,022
Single Family
1,022
Multi-Family
0
Businesses
111
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Listed by: Shirleen Barclay • Meybohm Real Estate - Aiken
Mls Name: REALTORS of Greater Augusta
Mls ID: #545464