1524 Caldwell StNewberrySC29108
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 Newberry at 1524 Caldwell St, Newberry, SC, 29108 offers a 8.06% rental yield on a $260,000 purchase with $1,746/mo rent. Total monthly income registers $1,746/mo, and a $1,273/mo payment leaves $195/mo available for distribution. Annual cash flow reaches $2,343/yr on $86,190 to close, and return on cash invested stands at 22.63% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 117.17% and total cumulative return in cash at $100,985. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,746/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29108, Newberry, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,970 (100%) |
| Owner Occupied HU | 5,182 (57.8%) |
| Renter Occupied HU | 2,673 (29.8%) |
| Vacant Housing Units | 1,115 (12.4%) |
| Median Home Value | $161,590 |
| Average Home Value | $206,277 |
Housing Distribution
Address Breakdown
Residential
8,283
Single Family
8,009
Multi-Family
274
Businesses
897
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James R Murray • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #591495
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC