3416 Seneca Ave · Aiken, SC 29801

$125,000

2 bd · 1.0 ba · 1,200 sqft · SingleFamily public records · 38 Days on market

Built 1949 0.40 ac lot Est $169k · 26% under

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.2/30.0
• ARV discount +15.0/15.0
• DSCR +8.3/10.0
• 1% rule +6.1/10.0
• Rent growth +3.8/5.0
• Livability +3.4/5.0
• Schools +3.2/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor Alert: Turnkey Rental with 10% Cap Rate and Reliable Weekly-Paying Tenant Explore this outstanding investment opportunity at 3416 Seneca Avenue in Aiken's established Westmont neighborhood. This 2-bedroom, 1-bath ranch home is currently rented to a dependable tenant who pays weekly, totaling 1,200 per month. The property generates a net operating income (NOl) of 12,507 per year, delivering a 10% cap rate at the competitive listing price of 125,000. Property Highlights: Updated & Move-In Ready: Features refinished hardwood 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 offer ample storage and parking flexibility Generous Lot Size: Situated on a 0.40-acre fenced lot, perfect for outdoor enjoyment or future improvements. Utilities & Appliances: Comes equipped with a stove, refrigerator, electric water heater, floor furnace, and window A/C The current 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 is also idealifor 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 charming home in Aiken, this listing checks all the boxes Its proximity to downtown, shopping, and schools only adds to its long-term appea Contact us today to schedule a showing and secure this high-yield opportunity while it lasts!

Key facts

• Move-in ready
• Fresh paint
• Updated

Tags

• UPDATED
• MOVE-IN READY
• REFINISHED HARDWOOD FLOORS
• FRESH PAINT
• 2019 ROOF
• FUNCTIONAL LAYOUT

🏷️ Possibly a rental listed for sale. The $125,000 price doesn't fit this home's estimated sale value (~$169,200) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $280 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $121k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.0% vs local median 4.1% in Aiken — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 67/100 on livability (#93 in SC) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A; Watch: crime F, commute F.
• Aiken 01 (suburban): math 31% / reading 44% proficiency, ranked #36 of 80 in SC (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Aiken Elementary (math 34% / reading 40%, grade F, #315 of 597 statewide, top 55%, 524 students, 100% FRL); Aiken High (math 19% / reading 84%, grade D+, #146 of 196 statewide, top 75%, 1,195 students, 100% FRL) — zoned schools average 100% FRL vs 54% district-wide (46 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.1%/yr); 521 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 2,500 units permitted in Aiken County in 2024 (1,023 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Aiken County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 5.1% rent growth), your $35k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 5y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $80k; list at $125k implies a 56% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 72% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $121,250 (3.0% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.11% ✓
• Cap rate: 8.99%
• Cash-on-cash: 9.62%
• DSCR: 1.43
• GRM: 7.5

CMA / ARV

• ARV (on-the-fly): $169,200
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1011 Frankel Rd	0.10mi	3/1.5 (+1)	1,180 (-2%)	9mo	$80,000	$68	78
3509 Lawson Rd	0.26mi	3/1.5 (+1)	1,167 (-3%)	1mo	$165,000	$141	75
3419 Trolley Line Rd	0.05mi	2/1.5	1,075 (-10%)	10mo	$150,000	$140	70
3419 Westmont Dr	0.10mi	3/1.5 (+1)	1,087 (-9%)	8mo	$123,000	$113	66
1002 Valley Rd	0.36mi	3/2.0 (+1)	1,210 (+1%)	8mo	$240,000	$198	66
104 Michael Ct	0.25mi	3/2.0 (+1)	1,332 (+11%)	1mo	$212,500	$160	60
3525 Westmont Dr	0.29mi	2/1.0	1,034 (-14%)	8mo	$135,000	$131	56
411 Seminole St	0.40mi	3/2.0 (+1)	1,327 (+11%)	12mo	$230,500	$174	45
2912 Catawba St	0.75mi	3/2.0 (+1)	1,224 (+2%)	12mo	$157,000	$128	43
1369 Congress Dr NW	0.68mi	3/2.0 (+1)	1,300 (+8%)	6mo	$210,000	$162	40
109 Kenmont St	0.53mi	3/1.0 (+1)	1,025 (-15%)	9mo	$145,000	$141	38
659 Landing Dr	0.67mi	2/2.0	1,326 (+10%)	11mo	$178,000	$134	38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.06% rent growth · sell at horizon

5-year hold

• IRR: 0.4%
• Equity multiple: 1.02×
• Total profit: $539
• Equity at exit: $18,638

10-year hold

• IRR: 12.0%
• Equity multiple: 2.03×
• Total profit: $36,023
• Equity at exit: $10,808

Cash invested: $35,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State South Carolina: 90 Strongly Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

5-day notice; preempted; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 29801

• Rents YoY: 5.1%
• Active inventory: 521
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,390 high
• Mortgage (P&I): −$656
• Tax from tax record: −$110 /mo · $1,320/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $280

Break-even live

Break-even rent $1,035

Max offer price $125,000

Occupancy floor 75%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3301 Westmont Dr Aiken, SC	3.0	1.5	1315	$1,335	$1.02	21d	1	0.21mi
114 Joshua Ln Aiken, SC	2.0	2.0	900	$1,100	$1.22	23d	1	0.87mi
4155 Vaucluse Rd Aiken, SC	2.0–3.0	2.0–3.5	1248	$1,525	$1.22	14d	37	0.99mi
630 Morgan St NW Unit A Aiken, SC	3.0	1.0	950	$1,100	$1.16	23d	1	1.23mi
1227E University Ln Apt E Aiken, SC	2.0	2.0	1092	$1,500	$1.37	23d	1	1.29mi
811 Laurens St NW Aiken, SC	3.0	1.5	986	$1,379	$1.40	23d	1	1.48mi

Listing history 37 events

1. 2026-06-18
   days on market $125,000 Active 38 DOM
2. 2026-06-17
   days on market $125,000 Active 37 DOM
3. 2026-06-16
   days on market $125,000 Active 36 DOM
4. 2026-06-15
   days on market $125,000 Active 35 DOM
5. 2026-06-14
   days on market $125,000 Active 33 DOM
6. 2026-06-13
   days on market $125,000 Active 32 DOM
7. 2026-06-10
   days on market $125,000 Active 30 DOM
8. 2026-06-09
   days on market $125,000 Active 29 DOM
9. 2026-06-08
   days on market $125,000 Active 28 DOM
10. 2026-06-07
    days on marketlisting id $125,000 Active 27 DOM
11. 2026-06-03
    days on market $125,000 Active 139 DOM
12. 2026-06-02
    days on market $125,000 Active 138 DOM
13. 2026-06-01
    days on market $125,000 Active 137 DOM
14. 2026-05-31
    days on market $125,000 Active 136 DOM
15. 2026-05-30
    days on market $125,000 Active 135 DOM
16. 2026-05-11
    historical
17. 2026-01-15
    listed $125,000 Active

    Show marketing remark (1678 chars)

    Investor Alert: Turnkey Rental with 10% Cap Rate and Reliable Weekly-Paying Tenant Explore this outstanding investment opportunity at 3416 Seneca Avenue in Aiken's established Westmont neighborhood. This 2-bedroom, 1-bath ranch home is currently rented to a dependable tenant who pays weekly, totaling 1,200 per month. The property generates a net operating income (NOl) of 12,507 per year, delivering a 10% cap rate at the competitive listing price of 125,000. Property Highlights: Updated & Move-In Ready: Features refinished hardwood 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 offer ample storage and parking flexibility Generous Lot Size: Situated on a 0.40-acre fenced lot, perfect for outdoor enjoyment or future improvements. Utilities & Appliances: Comes equipped with a stove, refrigerator, electric water heater, floor furnace, and window A/C The current 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 is also idealifor 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 charming home in Aiken, this listing checks all the boxes Its proximity to downtown, shopping, and schools only adds to its long-term appea Contact us today to schedule a showing and secure this high-yield opportunity while it lasts!

18. 2026-01-15
    listed $125,000 Active

    Show marketing remark (1678 chars)

    Investor Alert: Turnkey Rental with 10% Cap Rate and Reliable Weekly-Paying Tenant Explore this outstanding investment opportunity at 3416 Seneca Avenue in Aiken's established Westmont neighborhood. This 2-bedroom, 1-bath ranch home is currently rented to a dependable tenant who pays weekly, totaling 1,200 per month. The property generates a net operating income (NOl) of 12,507 per year, delivering a 10% cap rate at the competitive listing price of 125,000. Property Highlights: Updated & Move-In Ready: Features refinished hardwood 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 offer ample storage and parking flexibility Generous Lot Size: Situated on a 0.40-acre fenced lot, perfect for outdoor enjoyment or future improvements. Utilities & Appliances: Comes equipped with a stove, refrigerator, electric water heater, floor furnace, and window A/C The current 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 is also idealifor 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 charming home in Aiken, this listing checks all the boxes Its proximity to downtown, shopping, and schools only adds to its long-term appea Contact us today to schedule a showing and secure this high-yield opportunity while it lasts!

19. 2026-01-15
    listed $125,000 Active 1678-char remark

    Show marketing remark (1678 chars)

    Investor Alert: Turnkey Rental with 10% Cap Rate and Reliable Weekly-Paying Tenant Explore this outstanding investment opportunity at 3416 Seneca Avenue in Aiken's established Westmont neighborhood. This 2-bedroom, 1-bath ranch home is currently rented to a dependable tenant who pays weekly, totaling 1,200 per month. The property generates a net operating income (NOl) of 12,507 per year, delivering a 10% cap rate at the competitive listing price of 125,000. Property Highlights: Updated & Move-In Ready: Features refinished hardwood 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 offer ample storage and parking flexibility Generous Lot Size: Situated on a 0.40-acre fenced lot, perfect for outdoor enjoyment or future improvements. Utilities & Appliances: Comes equipped with a stove, refrigerator, electric water heater, floor furnace, and window A/C The current 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 is also idealifor 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 charming home in Aiken, this listing checks all the boxes Its proximity to downtown, shopping, and schools only adds to its long-term appea Contact us today to schedule a showing and secure this high-yield opportunity while it lasts!

20. 2025-11-03
    historical
21. 2025-11-03
    historical
22. 2025-09-25
    price $124,000
23. 2025-09-25
    price $124,000
24. 2025-05-15
    listed $129,000 Active
25. 2025-05-15
    listed $124,000
26. 2025-05-15
    listed $124,000
27. 2022-07-29
    soldstatus $80,000
28. 2022-07-29
    soldstatus $80,000
29. 2022-07-29
    soldstatus $80,000
30. 2022-07-29
    soldstatus $80,000
31. 2022-07-19
    listed $84,500
32. 2022-07-19
    listed $84,500
33. 2022-07-19
    listed $84,500
34. 2022-01-28
    historical
35. 2022-01-28
    historical
36. 2021-10-04
    listed $79,900
37. 2021-10-04
    listed $79,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast SC · Resets to sale price

• Current annual tax: $1,320 · $110/mo
• Projected year-2 tax: $1,320 · $110/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 72% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,679
• − Mortgage interest: −$7,002
• − Property taxes: −$1,320
• − Insurance: −$625
• − Repairs & maintenance: −$1,334
• − Management: −$1,334
• − Depreciation: −$3,636
• Taxable income: $1,427
• Est. tax owed @ 24.0%: −$343
• After-tax cash flow: $3,023/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Aiken 01
• NCES district ID: 4500720
• Math proficiency: 31% ▼ -11.00%
• Reading proficiency: 44% ▼ -1.00%
• Median HH income: $45,081
• Composite: 31.91/100
• National rank: #5857
• State rank: #36 of 80 in SC

Livability — Aiken

• Score: 67/100
• State rank: #93
• US rank: #10443

Category grades

Amenities B Commute F Cost of living A Crime F Employment C+ Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Aiken County · 116,534 people
• City population: 71,807
• Metro: Augusta-Richmond County, GA-SC
• Population (ZIP): 31,108
• Household income: $59,573
• Rent vs Own: 33.2% rent · 66.8% own
• Severe rent burden: 1260.0

Population outlook (Aiken County) Hauer SSP2

• Today (2025): 178,003 people
• By 2030: 182,876 · +2.7%
• By 2040: 189,970 · +6.7%
• By 2050: 193,840 · +8.9%
• By 2075: 199,453 · +12.1%
• By 2100: 192,403 · +8.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 50% Black 42% Hispanic / Latino 5% Two or more races 4% Asian 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Slovak 2% Italian 1% Serbian 1%
• Foreign-born: 3% · Canada, Jamaica
• Languages at home: 95% English-only · Spanish 3% Other Indo-European 1%

Political lean MEDSL · Aiken

• 2024 margin: Strong R (+25.9) · D 36.4% · R 62.2% · Other 1.4%
• 2008→2024 swing: -1.9pp toward R · 2008: -24.0pp · 2024: -25.9pp
• All cycles: 2024: R+25.9 2020: R+22.7 2016: R+27.5 2012: R+26.0 2008: R+24.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -278.52%
• Current HPI: 173.7944
• Rent YoY: ▲ 5.06%
• Metro: Augusta-Richmond County, GA-SC
• State GDP YoY: ▲ 4.51%
• F500 in state: 2

Industry mix (Fortune 500 HQ in SC)

Industry	F500 HQs	Revenue
▸Packaging	1	$7B

Price history

+56.4% since first listed

22 events — show timeline

• 2026-05-11 Listing Removed — Hive MLS
• 2026-01-15 Listed $125,000 Hive MLS
• 2026-01-15 Listed $125,000 AMLS
• 2026-01-15 Listed $125,000 Hive MLS
• 2025-11-03 Listing Removed — Hive MLS
• 2025-11-03 Listing Removed — Hive MLS
• 2025-09-25 Price Changed $124,000 Consolidated MLS
• 2025-09-25 Price Changed $124,000 AMLS
• 2025-05-15 Listed $124,000 Hive MLS
• 2025-05-15 Listed $124,000 Hive MLS
• 2025-05-15 Listed $129,000 Consolidated MLS
• 2022-07-29 Sold (Public Records) $80,000 Public Records
• 2022-07-29 Sold (MLS) $80,000 AMLS
• 2022-07-29 Sold (MLS) $80,000 Hive MLS
• 2022-07-29 Sold (MLS) $80,000 Hive MLS
• 2022-07-19 Listed $84,500 AMLS
• 2022-07-19 Listed $84,500 Hive MLS
• 2022-07-19 Listed $84,500 Hive MLS
• 2022-01-28 Listing Removed — Hive MLS
• 2022-01-28 Listing Removed — Hive MLS
• 2021-10-04 Listed $79,900 Hive MLS
• 2021-10-04 Listed $79,900 Hive MLS

Property tax history

+27.9%/yr

Latest (2025): $1,320 · +8.5% YoY. Source: county tax records.