Ridgeway II Plan, Forrest BluffNorth AugustaSC29841
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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 Ridgeway II Plan, Forrest Bluff, North Augusta, SC, 29841 offers a 9.43% rental yield on a $358,000 purchase with $2,814/mo rent. Total monthly income registers $2,814/mo, and a $1,752/mo payment leaves $683/mo available for distribution. Annual cash flow reaches $8,197/yr on $118,677 to close, and return on cash invested stands at 26.82% in year one. Equity gained on principal adds $2,310/yr while 5% annual appreciation supports $98,909 over five years. Portfolio math shows five-year ROI at 139.59% and total cumulative return in cash at $165,666. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,814/mo property income against a $1,752/mo payment rather than investor’s personal income documents like 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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Nearby investment properties with comparable prices
Listed by: N/A • Ivey Homes
Mls Name: Ivey Homes
Mls Provider:
Mls ID: #N/A