122 Cherokee RdBeltonSC29627
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Belton at 122 Cherokee Rd, Belton, SC, 29627 offers $1,128/mo rent that, after a $881/mo payment, leaves $57/mo cash flow. Total monthly income is $1,128/mo, and annual cash flow is $679/yr on $59,637 cash. Return on cash invested measures 21.05% in year one, and rental yield stands at 7.52% at a $179,900 entry. Equity gained on principal adds $1,161/yr while 5% annual appreciation compounds into $49,703 by year five. Five-year ROI records 108.65% and total cumulative return in cash reaches $64,797. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,128/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29627, Belton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,533 (100%) |
| Owner Occupied HU | 6,309 (73.9%) |
| Renter Occupied HU | 1,545 (18.1%) |
| Vacant Housing Units | 679 ( 8.0%) |
| Median Home Value | $231,151 |
| Average Home Value | $296,921 |
Housing Distribution
Address Breakdown
Residential
8,109
Single Family
8,045
Multi-Family
64
Businesses
356
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Listed by: Veronica Smith • The Property Bar, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1576311