103 Addy Way LnProsperitySC29127
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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 Prosperity at 103 Addy Way Ln, Prosperity, SC, 29127 priced at $219,000 converts $2,022/mo rent into $638/mo cash flow after a $1,072/mo obligation. Total monthly income equals $2,022/mo, and annual cash flow totals $7,655/yr on $72,599 invested. Return on cash invested prints 30.45% in year one, and rental yield reads 11.08% against a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation compiles into $60,506 by year five. Five-year ROI reaches 159.55% and total cumulative return in cash sums $115,833. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,022/mo property income covering a $1,072/mo payment, not borrower’s personal income.
Single Family
Built in 1994
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29127, Prosperity, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,528 (100%) |
| Owner Occupied HU | 3,774 (68.3%) |
| Renter Occupied HU | 496 ( 9.0%) |
| Vacant Housing Units | 1,258 (22.8%) |
| Median Home Value | $292,951 |
| Average Home Value | $377,778 |
Housing Distribution
Address Breakdown
Residential
4,741
Single Family
4,707
Multi-Family
34
Businesses
213
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