1409 Main StBonneauSC29431
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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 Bonneau at 1409 Main St, Bonneau, SC, 29431 uses $101,108 cash to close to unlock $7,359/yr annual cash flow and $613/mo monthly cash flow. Total monthly income runs $2,429/mo, and a $1,493/mo payment keeps the spread at $613/mo. Purchase price stands at $305,000, and rental yield measures 9.56% with $2,429/mo rent. Return on cash invested shows 27.19% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 141.59% and total cumulative return in cash records $143,158. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,429/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29431, Bonneau, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,942 (100%) |
| Owner Occupied HU | 2,159 (73.4%) |
| Renter Occupied HU | 366 (12.4%) |
| Vacant Housing Units | 417 (14.2%) |
| Median Home Value | $292,090 |
| Average Home Value | $355,177 |
Housing Distribution
Address Breakdown
Residential
2,624
Single Family
2,624
Multi-Family
0
Businesses
81
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Listed by: N/A • The Real Estate Firm
Mls Name: CTMLS
Mls ID: #25031750