38 Hillsboro Dr

Aiken, SC 29801
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4 bd, 2 ba | 1,508 sqft | Built in 1959

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List Price
$115,000

Initial Investment

$31,338

Purchase Price

$115,000

Down Payment

25%

Rent

$1,550

Total Return

$83,888

Annualized Return

36.2%

Cap Rate

11.2%

Gross Yield

16.2%

Cash Flow

$5,778

Appreciation

8.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

18,731

HOA

None

Flood Risk

Not Required

Adorable brick home consisting of appx. 1500 sq. ft. sitting on appx. 1/2 acre of a completely fenced in yard. This would be ideal for a starter home. This home has an addition from the original back door to another section that consist of 1 bedroom, 1 bath that could be finished and possibly rented out as it has its own back door. This home has 2 attics. One in the older section and one in the addition area. This home does need some TLC, mainly painting, new flooring and patching holes in drywall. There is no HVAC but 2 window units will convey. This home is being sold strictly AS-IS.

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NEIGHBORHOOD

SCHOOLS

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Chris deTreville
Auben Realty, LLC
GA Agent License #64566

Annual Financial Highlights

Expected Rent

$17,670

Expenses

-$4,590

Property Taxes

-$1,050

Loan Payments

-$6,252

Net Cash Flow

$5,778

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Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

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From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Angie Edwards
Agent License SC9120
Wisteria Properties, LLC
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceAiken MLS
MLS #213950
Last Updated: 03/19/2025 16:03
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