124 N Melton RdBlythewoodSC29016
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
Investment property for sale in Blythewood at 124 N Melton Rd, Blythewood, SC, 29016 listed at $629,000 pairs $2,296/mo rent with a $3,079/mo payment. Total monthly income runs $2,296/mo. Return on cash invested measures 11.66% in year one, and rental yield registers 4.38% at a $629,000 basis. Equity gained on principal adds $4,059/yr, and annual property appreciation at 5% supports $173,781 by year five. Five-year ROI tracks 58.28% and total cumulative return in cash totals $120,597. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,296/mo property income relative to a $3,079/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
4.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29016, Blythewood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,159 (100%) |
| Owner Occupied HU | 9,061 (81.2%) |
| Renter Occupied HU | 1,461 (13.1%) |
| Vacant Housing Units | 637 ( 5.7%) |
| Median Home Value | $346,201 |
| Average Home Value | $366,042 |
Housing Distribution
Address Breakdown
Residential
11,615
Single Family
10,265
Multi-Family
1,350
Businesses
453
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Listed by: Brian Slinkard • Serhant
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #599711
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC