151 Cherry RdBarnwellSC29812
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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
Rental property for sale in Barnwell at 151 Cherry Rd, Barnwell, SC, 29812 priced at $119,900 converts $960/mo rent into $246/mo cash flow after a $587/mo obligation. Total monthly income equals $960/mo, and annual cash flow totals $2,953/yr on $39,747 invested. Return on cash invested prints 27.34% in year one, and rental yield reads 9.61% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 142.5% and total cumulative return in cash sums $56,640. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $960/mo property income covering a $587/mo payment, not borrower’s personal income.
Manufactured
Built in 1993
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29812, Barnwell, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,266 (100%) |
| Owner Occupied HU | 3,355 (63.7%) |
| Renter Occupied HU | 1,171 (22.2%) |
| Vacant Housing Units | 740 (14.1%) |
| Median Home Value | $119,497 |
| Average Home Value | $160,508 |
Housing Distribution
Address Breakdown
Residential
4,757
Single Family
4,702
Multi-Family
55
Businesses
453
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Listed by: Dalisay Aldrete • Aiken Properties, Inc.
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #215403
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.