129 Devon DrHeath SpringsSC29058
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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 Heath Springs at 129 Devon Dr, Heath Springs, SC, 29058 uses $103,097 cash to close to unlock $4,287/yr annual cash flow and $357/mo monthly cash flow. Total monthly income runs $2,275/mo, and a $1,522/mo payment keeps the spread at $357/mo. Purchase price stands at $311,000, and rental yield measures 8.78% with $2,275/mo rent. Return on cash invested shows 24.07% in year one, and 5% annual appreciation builds toward $85,924 over five years. Five-year ROI reaches 125.15% and total cumulative return in cash records $129,021. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,275/mo property income covering a $1,522/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29058, Heath Springs, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,160 (100%) |
| Owner Occupied HU | 1,637 (75.8%) |
| Renter Occupied HU | 292 (13.5%) |
| Vacant Housing Units | 231 (10.7%) |
| Median Home Value | $186,484 |
| Average Home Value | $246,156 |
Housing Distribution
Address Breakdown
Residential
1,955
Single Family
1,955
Multi-Family
0
Businesses
96
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Listed by: Sheila Hinson • Southern Properties Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606765
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC