131 Tom Stewart RdNewberrySC29108
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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 Newberry at 131 Tom Stewart Rd, Newberry, SC, 29108 priced at $215,000 pairs $1,861/mo rent with $581/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,861/mo, and annual cash flow comes to $6,978/yr on $71,273 invested. Return on cash invested is 29.7% in year one, and rental yield stands at 10.39% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 155.07% and total cumulative return in cash reaches $110,521. For financing, Ziffy Mortgage’s DSCR program evaluates $1,861/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2017
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29108, Newberry, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,970 (100%) |
| Owner Occupied HU | 5,182 (57.8%) |
| Renter Occupied HU | 2,673 (29.8%) |
| Vacant Housing Units | 1,115 (12.4%) |
| Median Home Value | $161,590 |
| Average Home Value | $206,277 |
Housing Distribution
Address Breakdown
Residential
8,283
Single Family
8,009
Multi-Family
274
Businesses
897
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Listed by: Tina Graham • ERA Wilder Realty
Mls Name: Consolidated MLS
Mls ID: #624694