129 Spring StReidvilleSC29375
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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 Reidville at 129 Spring St, Reidville, SC, 29375 listed at $255,000 pairs $1,985/mo rent with a $1,248/mo payment to leave $467/mo cash flow. Total monthly income runs $1,985/mo, and annual cash flow reaches $5,606/yr on $84,533 cash to close. Return on cash invested measures 26.54% in year one, and rental yield registers 9.34% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 138.13% and total cumulative return in cash totals $116,768. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,985/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29375, Reidville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
117
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Listed by: Victoria Pukhalsky • Ponce Realty Group
Mls Name: SAR
Mls Provider:
Mls ID: #325491
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.