118 Bat DrSaludaSC29138
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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
Rental property for sale in Saluda at 118 Bat Dr, Saluda, SC, 29138 priced at $155,000 converts $2,336/mo rent into $1,303/mo cash flow after a $759/mo obligation. Total monthly income equals $2,336/mo, and annual cash flow totals $15,630/yr on $51,383 invested. Return on cash invested prints 50.33% in year one, and rental yield reads 18.09% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 266.64% and total cumulative return in cash sums $137,008. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,336/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 2021
1 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 |
Housing Distribution
Address Breakdown
Residential
4,141
Single Family
4,058
Multi-Family
83
Businesses
361
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Nearby investment properties with comparable prices
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