138 Springlake RdSix MileSC29682
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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 Six Mile at 138 Springlake Rd, Six Mile, SC, 29682 with 5% annual appreciation on a $599,000 basis while $2,783/mo rent supports operations. 29% in year one. Equity gained on principal adds $3,865/yr, and five-year appreciation sums $165,493 alongside rental yield of 5.58%. Five-year ROI measures 77.76% and total cumulative return in cash totals $153,250. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,783/mo property income versus a $2,932/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
3.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29682, Six Mile, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,328 (100%) |
| Owner Occupied HU | 1,704 (73.2%) |
| Renter Occupied HU | 206 ( 8.8%) |
| Vacant Housing Units | 418 (18.0%) |
| Median Home Value | $311,228 |
| Average Home Value | $459,384 |
Housing Distribution
Address Breakdown
Residential
1,852
Single Family
1,834
Multi-Family
18
Businesses
92
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Listed by: Frank Julian • BHHS C Dan Joyner - Augusta
Mls Name: WUMLS
Mls ID: #20292583