1053 Harvest RdSaludaSC29138
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1053 Harvest Rd, Saluda, SC, 29138 in Saluda. Rental yield 2.99%. At $565,000 with 2.99% gross yield, current distributions are modest, but the 5% appreciation rate projects $156,099 in new equity by year five, complemented by $5,204/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.55) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $79,079.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 3% | 6.2% |
| Monthly Cash Flow | $(2,098) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,405 |
| Total Monthly Debt Service | $3,281 |
| DSCR Ratio | 0.43x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1989
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29138, Saluda, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,560 (100%) |
| Owner Occupied HU | 2,876 (63.1%) |
| Renter Occupied HU | 1,086 (23.8%) |
| Vacant Housing Units | 598 (13.1%) |
| Median Home Value | $117,471 |
| Average Home Value | $186,982 |
Housing Distribution
Address Breakdown
Residential
4,141
Single Family
4,058
Multi-Family
83
Businesses
361
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
Single Family
Built in 1989
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29138, Saluda, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,560 (100%) |
| Owner Occupied HU | 2,876 (63.1%) |
| Renter Occupied HU | 1,086 (23.8%) |
| Vacant Housing Units | 598 (13.1%) |
| Median Home Value | $117,471 |
| Average Home Value | $186,982 |
Housing Distribution
Address Breakdown
Residential
4,141
Single Family
4,058
Multi-Family
83
Businesses
361
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Mitchell • Southern Visions Realty I LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #609778
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC