148 Derrick RdJohnstonSC29832
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
Rental property for sale in Johnston at 148 Derrick Rd, Johnston, SC, 29832 generates $3,119/mo in rent, after a $5,555/mo payment. Total monthly income is $3,119/mo. Return on cash invested sits at 8.5% in year one, and rental yield is 3.3% on a $1,135,000 entry. Equity gained on principal adds $7,324/yr, while 5% annual appreciation builds toward $313,580 over five years. Five-year ROI reaches 41.25% and total cumulative return in cash sums $151,684. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,119/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
89.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29832, Johnston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,457 (100%) |
| Owner Occupied HU | 1,550 (63.1%) |
| Renter Occupied HU | 601 (24.5%) |
| Vacant Housing Units | 306 (12.5%) |
| Median Home Value | $188,014 |
| Average Home Value | $257,682 |
Housing Distribution
Address Breakdown
Residential
2,007
Single Family
1,983
Multi-Family
24
Businesses
181
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gail Gingrey Team • Meybohm Real Estate - Aiken
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #217788
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.