Essington II Plan, Forrest BluffNorth AugustaSC29841
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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 Essington II Plan, Forrest Bluff, North Augusta, SC, 29841 offers $3,094/mo rent that, after a $1,941/mo payment, leaves $733/mo cash flow. Total monthly income is $3,094/mo, and annual cash flow is $8,800/yr on $131,440 cash. Return on cash invested measures 26.6% in year one, and rental yield stands at 9.36% at a $396,500 entry. Equity gained on principal adds $2,559/yr while 5% annual appreciation compounds into $109,546 by year five. Five-year ROI records 138.44% and total cumulative return in cash reaches $181,965. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,094/mo property income versus a $1,941/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29841, North Augusta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,966 (100%) |
| Owner Occupied HU | 10,367 (64.9%) |
| Renter Occupied HU | 4,266 (26.7%) |
| Vacant Housing Units | 1,333 ( 8.3%) |
| Median Home Value | $214,024 |
| Average Home Value | $274,435 |
Housing Distribution
Address Breakdown
Residential
14,890
Single Family
13,869
Multi-Family
1,021
Businesses
763
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Listed by: N/A • Ivey Homes
Mls Name: Ivey Homes
Mls Provider:
Mls ID: #N/A