109 Stretch DrJohnstonSC29832
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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 Johnston at 109 Stretch Dr, Johnston, SC, 29832 priced at $134,900 converts $1,013/mo rent into $210/mo cash flow after a $660/mo obligation. Total monthly income equals $1,013/mo, and annual cash flow totals $2,523/yr on $44,719 invested. Return on cash invested prints 25.55% in year one, and rental yield reads 9.01% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 132.84% and total cumulative return in cash sums $59,405. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,013/mo property income covering a $660/mo payment, not borrower’s personal income.
Single Family
Built in 1992
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29832, Johnston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,457 (100%) |
| Owner Occupied HU | 1,550 (63.1%) |
| Renter Occupied HU | 601 (24.5%) |
| Vacant Housing Units | 306 (12.5%) |
| Median Home Value | $188,014 |
| Average Home Value | $257,682 |
Housing Distribution
Address Breakdown
Residential
2,007
Single Family
1,983
Multi-Family
24
Businesses
181
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Listed by: Billy Wayne Holton • Keller Williams Realty Augusta Partners
Mls Name: Aiken MLS
Mls ID: #220750