115 Covington StLattaSC29565
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
Investment property for sale in Latta at 115 Covington St, Latta, SC, 29565 at $119,900 posts ROI 26.74% with $226/mo cash flow from $940/mo rent. Total monthly income equals $940/mo, and annual cash flow records $2,713/yr on $39,747 to close. Return on cash invested measures 26.74% and rental yield reads 9.41% at the current $119,900. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 by year five. Five-year ROI prints 139.27% and total cumulative return in cash totals $55,356.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $940/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29565, Latta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 1,942 (66.1%) |
| Renter Occupied HU | 615 (20.9%) |
| Vacant Housing Units | 379 (12.9%) |
| Median Home Value | $107,826 |
| Average Home Value | $147,826 |
Housing Distribution
Address Breakdown
Residential
2,737
Single Family
2,677
Multi-Family
60
Businesses
163
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Nearby investment properties with comparable prices
Listed by: Darrell Porter • Pd Real Estate, Llc
Mls Name: Pee Dee Realtor Association
Mls ID: #20254164