116 Hazel St, Saluda, SC, 29138 | $169/mo Cash Flow

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1130 sft

421 Fannie Black Rd, Prosperity, SC, 29127

3 Bed
1 Bath
1752 sft

104 Calhoun Street, Johnston, SC, 29832

2 Bed
2 Bath
1348 sft

209 Oak St, Ridge Spring, SC, 29129

2 Bed
2 Bath
960 sft

1638 Barnett Rd, Cross Hill, SC, 29332

Nearby investment properties with comparable prices

3 Bed
2 Bath
1665 sft

216 Summerland Ave, Batesburg, SC, 29006

3 Bed
2 Bath
1480 sft

102 Cynthia Dr, Johnston, SC, 29832

3 Bed
2 Bath
1011 sft

610 Milligan St, Newberry, SC, 29108

4 Bed
2 Bath
2604 sft

702 Calhoun St, Johnston, SC, 29832

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Saluda at 116 Hazel St, Saluda, SC, 29138 offers a 8.15% rental yield on a $220,000 purchase with $1,494/mo rent. Total monthly income registers $1,494/mo, and a $1,077/mo payment leaves $169/mo available for distribution. Annual cash flow reaches $2,027/yr on $72,930 to close, and return on cash invested stands at 22.69% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 117.5% and total cumulative return in cash at $85,691. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,494/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1915

1.35 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 29138, Saluda, SC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,560 (100%)
Owner Occupied HU	2,876 (63.1%)
Renter Occupied HU	1,086 (23.8%)
Vacant Housing Units	598 (13.1%)
Median Home Value	$117,471
Average Home Value	$186,982