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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 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 (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 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. Tenant Details: 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 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 charming home 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 secure this high-yield opportunity while it lasts!
| DAYS ON MARKET | 121 | LAST UPDATED | 5/15/2025 |
|---|---|---|---|
| TRACT | Westmont | YEAR BUILT | 1949 |
| COMMUNITY | Aiken (1AI) | COUNTY | Aiken |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Aiken |
|---|---|
| Jr. High School | AIKEN MIDDLE SCHOOL |
| High School | AIKEN HIGH SCHOOL |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Aiken (1AI) |
| CONSTRUCTION | Vinyl Siding |
| GARAGE | Attached Garage |
| HEAT | Floor Furnace |
| LOT | 0.4 acre(s) |
| LOT DESCRIPTION | See Remarks |
| LOT DIMENSIONS | 0.4 |
| PARKING | Detached Carport, Parking Pad, See Remarks, Attached Carport |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | Westmont |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Meybohm Real Estate - Aiken
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Last Updated: 9/12/25 12:41 PM PDT
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