8 Fox Creek DrNorth AugustaSC29860
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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 North Augusta at 8 Fox Creek Dr, North Augusta, SC, 29860 priced at $599,900 converts $4,560/mo rent into $989/mo cash flow after a $2,936/mo obligation. Total monthly income equals $4,560/mo, and annual cash flow totals $11,869/yr on $197,367 invested. Return on cash invested prints 26.07% in year one, and rental yield reads 9.12% against a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation compiles into $165,741 by year five. Five-year ROI reaches 135.58% and total cumulative return in cash sums $267,592. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,560/mo property income covering a $2,936/mo payment, not borrower’s personal income.
Single Family
Built in 1989
1.45 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
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Listed by: Shannon D Rollings • Shannon Rollings Real Estate
Mls Name: Aiken MLS
Mls ID: #221179