1020 Main StSmyrnaSC29743
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Smyrna at 1020 Main St, Smyrna, SC, 29743 generates $2,732/mo in rent and, after a $2,202/mo payment, leaves $54/mo in cash flow. Total monthly income is $2,732/mo, and annual cash flow is $646/yr on $149,142 invested. Return on cash invested sits at 20.34% in year one, and rental yield is 7.29% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 104.85% and total cumulative return in cash sums $156,382. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,732/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29743, Smyrna, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 635 (100%) |
| Owner Occupied HU | 490 (77.2%) |
| Renter Occupied HU | 72 (11.3%) |
| Vacant Housing Units | 73 (11.5%) |
| Median Home Value | $232,836 |
| Average Home Value | $322,903 |
Housing Distribution
Address Breakdown
Residential
575
Single Family
575
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A