1037 Moorehead PlPendletonSC29670
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
Investment property for sale in Pendleton at 1037 Moorehead Pl, Pendleton, SC, 29670 uses $112,710 cash to close to unlock $6,626/yr annual cash flow and $552/mo monthly cash flow. Total monthly income runs $2,576/mo, and a $1,664/mo payment keeps the spread at $552/mo. Purchase price stands at $340,000, and rental yield measures 9.09% with $2,576/mo rent. Return on cash invested shows 25.79% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 134.08% and total cumulative return in cash records $151,122. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,576/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29670, Pendleton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,063 (100%) |
| Owner Occupied HU | 3,460 (68.3%) |
| Renter Occupied HU | 1,150 (22.7%) |
| Vacant Housing Units | 453 ( 8.9%) |
| Median Home Value | $280,376 |
| Average Home Value | $349,440 |
Housing Distribution
Address Breakdown
Residential
4,747
Single Family
4,592
Multi-Family
155
Businesses
356
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ana Durham • Dunlap Team Real Estate
Mls Name: WUMLS
Mls ID: #20290741