118 Frandeenas CtProsperitySC29127
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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 Prosperity at 118 Frandeenas Ct, Prosperity, SC, 29127 offers a 9.21% rental yield on a $150,000 purchase with $1,151/mo rent. Total monthly income registers $1,151/mo, and a $734/mo payment leaves $258/mo available for distribution. Annual cash flow reaches $3,099/yr on $49,725 to close, and return on cash invested stands at 26.14% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 136.02% and total cumulative return in cash at $67,638. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,151/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29127, Prosperity, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,528 (100%) |
| Owner Occupied HU | 3,774 (68.3%) |
| Renter Occupied HU | 496 ( 9.0%) |
| Vacant Housing Units | 1,258 (22.8%) |
| Median Home Value | $292,951 |
| Average Home Value | $377,778 |
Housing Distribution
Address Breakdown
Residential
4,741
Single Family
4,707
Multi-Family
34
Businesses
213
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Listed by: Erika Templin • Fathom Realty SC LLC
Mls Name: Consolidated MLS
Mls ID: #623555