115 Roberts Ln.SaltersSC29590
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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 Salters at 115 Roberts Ln, Salters, SC, 29590 uses $75,914 cash to close to unlock $4,328/yr annual cash flow and $361/mo monthly cash flow. Total monthly income runs $1,724/mo, and a $1,121/mo payment keeps the spread at $361/mo. Purchase price stands at $229,000, and rental yield measures 9.03% with $1,724/mo rent. Return on cash invested shows 25.61% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 133.11% and total cumulative return in cash records $101,045. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,724/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 2006
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29590, Salters, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,005 (100%) |
| Owner Occupied HU | 689 (68.6%) |
| Renter Occupied HU | 122 (12.1%) |
| Vacant Housing Units | 194 (19.3%) |
| Median Home Value | $80,556 |
| Average Home Value | $130,951 |
Housing Distribution
Address Breakdown
Residential
990
Single Family
990
Multi-Family
0
Businesses
46
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Listed by: Billy E Mitchell Jr • Tidewater Properties
Mls Name: CCAR
Mls ID: #2519747