107 2nd AveUnionSC29379
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 Union at 107 2nd Ave, Union, SC, 29379 offers $1,248/mo rent that, after a $771/mo payment, leaves $310/mo cash flow. Total monthly income is $1,248/mo, and annual cash flow is $3,724/yr on $52,211 cash. Return on cash invested measures 27.04% in year one, and rental yield stands at 9.51% at a $157,500 entry. Equity gained on principal adds $1,016/yr while 5% annual appreciation compounds into $43,514 by year five. Five-year ROI records 140.86% and total cumulative return in cash reaches $73,545. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,248/mo property income versus a $771/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29379, Union, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,146 (100%) |
| Owner Occupied HU | 5,365 (58.7%) |
| Renter Occupied HU | 2,446 (26.7%) |
| Vacant Housing Units | 1,335 (14.6%) |
| Median Home Value | $119,903 |
| Average Home Value | $168,566 |
Housing Distribution
Address Breakdown
Residential
8,243
Single Family
7,930
Multi-Family
313
Businesses
745
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Listed by: Charles Jeter • SPRINGS REALTY
Mls Name: SAR
Mls Provider:
Mls ID: #321335
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.