113 Picard LoopSanteeSC29142
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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 Santee at 113 Picard Loop, Santee, SC, 29142 uses $76,573 cash to close to unlock $3,018/yr annual cash flow and $252/mo monthly cash flow. Total monthly income runs $1,627/mo, and a $1,131/mo payment keeps the spread at $252/mo. Purchase price stands at $230,990, and rental yield measures 8.45% with $1,627/mo rent. Return on cash invested shows 23.85% in year one, and 5% annual appreciation builds toward $63,818 over five years. Five-year ROI reaches 123.7% and total cumulative return in cash records $94,722. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,627/mo property income covering a $1,131/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29142, Santee, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,387 (100%) |
| Owner Occupied HU | 1,586 (66.4%) |
| Renter Occupied HU | 335 (14.0%) |
| Vacant Housing Units | 466 (19.5%) |
| Median Home Value | $207,474 |
| Average Home Value | $249,786 |
Housing Distribution
Address Breakdown
Residential
2,135
Single Family
2,135
Multi-Family
0
Businesses
222
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Listed by: N/A • NVR, Inc.
Mls Name: CTMLS
Mls Provider:
Mls ID: #25014309
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. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.