121 Belknap RdGoose CreekSC29445
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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 Goose Creek at 121 Belknap Rd, Goose Creek, SC, 29445 offers $1,614/mo rent that, after a $1,150/mo payment, leaves $215/mo cash flow. Total monthly income is $1,614/mo, and annual cash flow is $2,584/yr on $77,903 cash. Return on cash invested measures 23.23% in year one, and rental yield stands at 8.24% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 120.34% and total cumulative return in cash reaches $93,748. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,614/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29445, Goose Creek, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,491 (100%) |
| Owner Occupied HU | 15,756 (67.1%) |
| Renter Occupied HU | 6,667 (28.4%) |
| Vacant Housing Units | 1,068 ( 4.5%) |
| Median Home Value | $285,667 |
| Average Home Value | $299,128 |
Housing Distribution
Address Breakdown
Residential
23,229
Single Family
21,145
Multi-Family
2,084
Businesses
1,173
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Listed by: N/A • Keller Williams Parkway
Mls Name: CTMLS
Mls ID: #25026814