111 Bates RdMariettaSC29661
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 111 Bates Rd, Marietta, SC, 29661 in Marietta delivers $1,768/mo in gross rent and $226/mo in net monthly income at a $259,000 entry. The 8.19% yield and 1.52 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $71,557 over five years and $2,385/yr in equity from loan paydown, total projected return is $112,481.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $226 | $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 | $1,768 |
| Total Monthly Debt Service | $1,439 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1972
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29661, Marietta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,944 (100%) |
| Owner Occupied HU | 2,135 (72.5%) |
| Renter Occupied HU | 403 (13.7%) |
| Vacant Housing Units | 406 (13.8%) |
| Median Home Value | $263,435 |
| Average Home Value | $377,427 |
Housing Distribution
Address Breakdown
Residential
2,531
Single Family
2,531
Multi-Family
0
Businesses
112
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 1972
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29661, Marietta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,944 (100%) |
| Owner Occupied HU | 2,135 (72.5%) |
| Renter Occupied HU | 403 (13.7%) |
| Vacant Housing Units | 406 (13.8%) |
| Median Home Value | $263,435 |
| Average Home Value | $377,427 |
Housing Distribution
Address Breakdown
Residential
2,531
Single Family
2,531
Multi-Family
0
Businesses
112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Don Wessel • RE/MAX Moves Fountain Inn
Mls Name: Greater Greenville AOR
Mls ID: #1582357