113 Railroad Ave NSalleySC29137
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 Salley at 113 Railroad Ave N, Salley, SC, 29137 offers $1,800/mo rent that, after a $832/mo payment, leaves $788/mo cash flow. Total monthly income is $1,800/mo, and annual cash flow is $9,457/yr on $56,355 cash. Return on cash invested measures 36.69% in year one, and rental yield stands at 12.71% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 192.62% and total cumulative return in cash reaches $108,549. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,800/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1937
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29137, Salley, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,498 (100%) |
| Owner Occupied HU | 1,039 (69.4%) |
| Renter Occupied HU | 210 (14.0%) |
| Vacant Housing Units | 249 (16.6%) |
| Median Home Value | $239,384 |
| Average Home Value | $257,873 |
Housing Distribution
Address Breakdown
Residential
1,071
Single Family
1,071
Multi-Family
0
Businesses
40
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Nearby investment properties with comparable prices
Listed by: Caleb M Smith • Keller Williams Realty Aiken Partners
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #210853
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.