1516 Mullis RdBlythewoodSC29016
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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 Blythewood at 1516 Mullis Rd, Blythewood, SC, 29016 generates $2,857/mo in rent, after a $2,540/mo payment. Total monthly income is $2,857/mo. Return on cash invested sits at 18.43% in year one, and rental yield is 6.61% on a $519,000 entry. Equity gained on principal adds $3,349/yr, while 5% annual appreciation builds toward $143,390 over five years. Five-year ROI reaches 94.55% and total cumulative return in cash sums $161,445. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,857/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
4.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29016, Blythewood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,159 (100%) |
| Owner Occupied HU | 9,061 (81.2%) |
| Renter Occupied HU | 1,461 (13.1%) |
| Vacant Housing Units | 637 ( 5.7%) |
| Median Home Value | $346,201 |
| Average Home Value | $366,042 |
Housing Distribution
Address Breakdown
Residential
11,615
Single Family
10,265
Multi-Family
1,350
Businesses
453
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Listed by: Brandy Carter • Olivia Cooley Real Estate
Mls Name: Consolidated MLS
Mls ID: #621675