119 Saluda DrSanteeSC29142
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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 Santee at 119 Saluda Dr, Santee, SC, 29142 offers $3,484/mo rent that, after a $2,447/mo payment, leaves $508/mo cash flow. Total monthly income is $3,484/mo, and annual cash flow is $6,095/yr on $165,717 cash. Return on cash invested measures 23.59% in year one, and rental yield stands at 8.36% at a $499,900 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,113 by year five. Five-year ROI records 122.25% and total cumulative return in cash reaches $202,584. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,484/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29142, Santee, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,387 (100%) |
| Owner Occupied HU | 1,586 (66.4%) |
| Renter Occupied HU | 335 (14.0%) |
| Vacant Housing Units | 466 (19.5%) |
| Median Home Value | $207,474 |
| Average Home Value | $249,786 |
Housing Distribution
Address Breakdown
Residential
2,135
Single Family
2,135
Multi-Family
0
Businesses
222
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25033053