120 Princess LnCrossSC29436
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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 Cross at 120 Princess Ln, Cross, SC, 29436 offers a 8.57% rental yield on a $280,000 purchase with $2,000/mo rent. Total monthly income registers $2,000/mo, and a $1,370/mo payment leaves $334/mo available for distribution. Annual cash flow reaches $4,004/yr on $92,820 to close, and return on cash invested stands at 24.22% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 125.66% and total cumulative return in cash at $116,637. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,000/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29436, Cross, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,397 (100%) |
| Owner Occupied HU | 1,620 (67.6%) |
| Renter Occupied HU | 304 (12.7%) |
| Vacant Housing Units | 473 (19.7%) |
| Median Home Value | $157,917 |
| Average Home Value | $225,832 |
Housing Distribution
Address Breakdown
Residential
1,951
Single Family
1,951
Multi-Family
0
Businesses
67
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Listed by: N/A • Keller Williams Parkway
Mls Name: CTMLS
Mls ID: #25028253