115 Charleston AveBatesburgSC29006
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 Batesburg at 115 Charleston Ave, Batesburg, SC, 29006 generates $1,619/mo in rent and, after a $930/mo payment, leaves $488/mo in cash flow. Total monthly income is $1,619/mo, and annual cash flow is $5,855/yr on $62,985 invested. Return on cash invested sits at 29.2% in year one, and rental yield is 10.23% 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 152.38% and total cumulative return in cash sums $95,976. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,619/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29006, Batesburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,746 (100%) |
| Owner Occupied HU | 3,235 (68.2%) |
| Renter Occupied HU | 914 (19.3%) |
| Vacant Housing Units | 597 (12.6%) |
| Median Home Value | $216,363 |
| Average Home Value | $252,767 |
Housing Distribution
Address Breakdown
Residential
4,244
Single Family
4,244
Multi-Family
0
Businesses
311
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie A Henline • Your Midlands Real Estate Services LLC
Mls Name: Consolidated MLS
Mls ID: #622258