107 Reeder StJoannaSC29351
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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
Investment property for sale in Joanna at 107 Reeder St, Joanna, SC, 29351 with 5% annual appreciation on a $192,500 basis while $977/mo rent supports operations. 74% in year one. Equity gained on principal adds $1,242/yr, and five-year appreciation sums $53,184 alongside rental yield of 6.09%. Five-year ROI measures 85.57% and total cumulative return in cash totals $54,605. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $977/mo property income versus a $942/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
9,757 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29351, Joanna, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 785 (100%) |
| Owner Occupied HU | 509 (64.8%) |
| Renter Occupied HU | 157 (20.0%) |
| Vacant Housing Units | 119 (15.2%) |
| Median Home Value | $154,167 |
| Average Home Value | $220,157 |
Housing Distribution
Address Breakdown
Residential
639
Single Family
639
Multi-Family
0
Businesses
43
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Listed by: Bea Walker • Re/Max Action Realty
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #133148