121 Park StNinety SixSC29666
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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 Ninety Six at 121 Park St, Ninety Six, SC, 29666 uses $66,466 cash to close to unlock $16,434/yr annual cash flow and $1,369/mo monthly cash flow. Total monthly income runs $2,563/mo, and a $981/mo payment keeps the spread at $1,369/mo. Purchase price stands at $200,500, and rental yield measures 15.34% with $2,563/mo rent. Return on cash invested shows 44.63% in year one, and 5% annual appreciation builds toward $55,394 over five years. Five-year ROI reaches 235.17% and total cumulative return in cash records $156,309. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,563/mo property income covering a $981/mo payment rather than investor’s personal income.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29666, Ninety Six, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,376 (100%) |
| Owner Occupied HU | 2,345 (69.5%) |
| Renter Occupied HU | 497 (14.7%) |
| Vacant Housing Units | 534 (15.8%) |
| Median Home Value | $248,715 |
| Average Home Value | $312,505 |
Housing Distribution
Address Breakdown
Residential
3,226
Single Family
3,226
Multi-Family
0
Businesses
168
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Listed by: Martha Sorrow • RE/MAX ACTION REALTY
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #132713
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.