1138 Stateline Rd #1CloverSC29710
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 Clover at 1138 Stateline Rd #1, Clover, SC, 29710 generates $1,512/mo in rent and, after a $930/mo payment, leaves $381/mo in cash flow. Total monthly income is $1,512/mo, and annual cash flow is $4,571/yr on $62,985 invested. Return on cash invested sits at 27.17% in year one, and rental yield is 9.55% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 141.44% and total cumulative return in cash sums $89,088. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,512/mo property income rather than buyer’s personal income.
Manufactured
Built in 1987
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29710, Clover, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,559 (100%) |
| Owner Occupied HU | 14,168 (76.3%) |
| Renter Occupied HU | 3,409 (18.4%) |
| Vacant Housing Units | 982 ( 5.3%) |
| Median Home Value | $434,455 |
| Average Home Value | $479,171 |
Housing Distribution
Address Breakdown
Residential
17,336
Single Family
16,486
Multi-Family
850
Businesses
868
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Rose • Premier South
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4237150
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-25 08:12:53 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)