1235 Medical Park RdSaludaSC29138
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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 Saluda at 1235 Medical Park Rd, Saluda, SC, 29138 generates $1,802/mo in rent, after a $2,814/mo payment. Total monthly income is $1,802/mo. Return on cash invested sits at 9.59% in year one, and rental yield is 3.76% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 47.24% and total cumulative return in cash sums $89,363. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,802/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29138, Saluda, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,560 (100%) |
| Owner Occupied HU | 2,876 (63.1%) |
| Renter Occupied HU | 1,086 (23.8%) |
| Vacant Housing Units | 598 (13.1%) |
| Median Home Value | $117,471 |
| Average Home Value | $186,982 |
Housing Distribution
Address Breakdown
Residential
4,141
Single Family
4,058
Multi-Family
83
Businesses
361
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Listed by: Pam Clamp • American Dream Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #613628
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC