111 Turner StBeech IslandSC29842
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 Beech Island at 111 Turner St, Beech Island, SC, 29842 generates $1,324/mo in rent and, after a $665/mo payment, leaves $515/mo in cash flow. Total monthly income is $1,324/mo, and annual cash flow is $6,182/yr on $45,051 invested. Return on cash invested sits at 33.63% in year one, and rental yield is 11.69% on a $135,900 entry. Equity gained on principal adds $877/yr, while 5% annual appreciation builds toward $37,547 over five years. Five-year ROI reaches 176.19% and total cumulative return in cash sums $79,375. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,324/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29842, Beech Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,891 (100%) |
| Owner Occupied HU | 2,781 (71.5%) |
| Renter Occupied HU | 777 (20.0%) |
| Vacant Housing Units | 333 ( 8.6%) |
| Median Home Value | $147,949 |
| Average Home Value | $213,999 |
Housing Distribution
Address Breakdown
Residential
3,580
Single Family
3,540
Multi-Family
40
Businesses
172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christoper Perdue • River Realty
Mls Name: Aiken MLS
Mls ID: #218369