Description
Investor Alert: Turnkey Rental with 9.7 Cap Rate and Reliable Weekly-Paying Tenant Explore this outstanding investment opportunity at 3416 Seneca Avenue in Aiken's establishedWestmont neighborhood. This 2-bedroom, 1-bath ranch home is currently rented to a dependable tenant, totaling 1,200 per month. The property generates a netoperating income (NOI) of 12,507 per year, delivering a 9.7 cap rate at the competitive listing price of 129,000. Property Highlights: Updated & Move-In Ready: Features refinishedhardwood floors, fresh paint, and a 2019 roof for worry-free ownership. Functional Layout: Includes a spacious living room, eat-in kitchen, and a primary bedroom with a walk-in closet.Additional Structures: A detached storage building and 4-car carport has ample storage and parking flexibility. Generous Lot Size: Situated on a 0.40-acre fenced lot, perfect foroutdoor enjoyment or future improvements. Utilities & Appliances: Comes equipped with a stove, refrigerator, electric water heater, floor furnace, and window A/C. Tenant Details: Thecurrent tenant pays weekly, is punctual and low-maintenance, and would prefer to stay, making this a plug-and-play investment. However, the lease is month-to-month, so the home isalso ideal for a buyer seeking a personal residence. Versatile Opportunity: Whether you're looking to add a stable, income-producing property to your portfolio or secure a charminghome in Aiken, this listing checks all the boxes. Its proximity to downtown, shopping, and schools only adds to its long-term appeal. Contact us today to schedule a showing and securethis high-yield opportunity while it lasts! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
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2BEDS
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0.4ACRES
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1BATHS
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01/2 BATHS
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1,200SQFT
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$103$/SQFT
School Information
Description
Investor Alert: Turnkey Rental with 9.7 Cap Rate and Reliable Weekly-Paying Tenant Explore this outstanding investment opportunity at 3416 Seneca Avenue in Aiken's establishedWestmont neighborhood. This 2-bedroom, 1-bath ranch home is currently rented to a dependable tenant, totaling 1,200 per month. The property generates a netoperating income (NOI) of 12,507 per year, delivering a 9.7 cap rate at the competitive listing price of 129,000. Property Highlights: Updated & Move-In Ready: Features refinishedhardwood floors, fresh paint, and a 2019 roof for worry-free ownership. Functional Layout: Includes a spacious living room, eat-in kitchen, and a primary bedroom with a walk-in closet.Additional Structures: A detached storage building and 4-car carport has ample storage and parking flexibility. Generous Lot Size: Situated on a 0.40-acre fenced lot, perfect foroutdoor enjoyment or future improvements. Utilities & Appliances: Comes equipped with a stove, refrigerator, electric water heater, floor furnace, and window A/C. Tenant Details: Thecurrent tenant pays weekly, is punctual and low-maintenance, and would prefer to stay, making this a plug-and-play investment. However, the lease is month-to-month, so the home isalso ideal for a buyer seeking a personal residence. Versatile Opportunity: Whether you're looking to add a stable, income-producing property to your portfolio or secure a charminghome in Aiken, this listing checks all the boxes. Its proximity to downtown, shopping, and schools only adds to its long-term appeal. Contact us today to schedule a showing and securethis high-yield opportunity while it lasts! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
© 2025 Consolidated Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Medley. Data last updated: 2025-12-16T15:40:21.707.