1416 Lockett RdBatesburgSC29006
Nearby investment properties with comparable rents
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
Investment property for sale in Batesburg at 1416 Lockett Rd, Batesburg, SC, 29006 offers a 10.04% rental yield on a $168,600 purchase with $1,410/mo rent. Total monthly income registers $1,410/mo, and a $825/mo payment leaves $347/mo available for distribution. Annual cash flow reaches $4,169/yr on $55,891 to close, and return on cash invested stands at 27.37% in year one. Equity gained on principal adds $1,088/yr while 5% annual appreciation supports $46,581 over five years. Portfolio math shows five-year ROI at 143.02% and total cumulative return in cash at $79,934. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,410/mo property income against a $825/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 2010
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29006, Batesburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,746 (100%) |
| Owner Occupied HU | 3,235 (68.2%) |
| Renter Occupied HU | 914 (19.3%) |
| Vacant Housing Units | 597 (12.6%) |
| Median Home Value | $216,363 |
| Average Home Value | $252,767 |
Housing Distribution
Address Breakdown
Residential
4,244
Single Family
4,244
Multi-Family
0
Businesses
311
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A