1005 Longpoint RdCrossSC29436
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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
Rental property for sale in Cross at 1005 Longpoint Rd, Cross, SC, 29436 generates $1,775/mo in rent and, after a $930/mo payment, leaves $644/mo in cash flow. Total monthly income is $1,775/mo, and annual cash flow is $7,727/yr on $62,985 invested. Return on cash invested sits at 32.18% in year one, and rental yield is 11.21% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 168.31% and total cumulative return in cash sums $106,008. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,775/mo property income rather than buyer’s personal income.
Multi Family
Built in 1960
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29436, Cross, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,397 (100%) |
| Owner Occupied HU | 1,620 (67.6%) |
| Renter Occupied HU | 304 (12.7%) |
| Vacant Housing Units | 473 (19.7%) |
| Median Home Value | $157,917 |
| Average Home Value | $225,832 |
Housing Distribution
Address Breakdown
Residential
1,951
Single Family
1,951
Multi-Family
0
Businesses
67
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Listed by: N/A • N/A
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