1598 Old Shoals RdMonettaSC29105
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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
Investment property for sale in Monetta at 1598 Old Shoals Rd, Monetta, SC, 29105 listed at $147,000 pairs $1,247/mo rent with a $719/mo payment to leave $372/mo cash flow. Total monthly income runs $1,247/mo, and annual cash flow reaches $4,469/yr on $48,731 cash to close. Return on cash invested measures 29.08% in year one, and rental yield registers 10.18% at a $147,000 basis. Equity gained on principal adds $949/yr, and annual property appreciation at 5% supports $40,613 by year five. Five-year ROI tracks 151.79% and total cumulative return in cash totals $73,968. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,247/mo property income relative to a $719/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2021
5.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29105, Monetta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 727 (100%) |
| Owner Occupied HU | 491 (67.5%) |
| Renter Occupied HU | 144 (19.8%) |
| Vacant Housing Units | 92 (12.7%) |
| Median Home Value | $510,417 |
| Average Home Value | $484,705 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
587
Multi-Family
0
Businesses
28
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Listed by: Karen D Nelson • Keller Williams Realty Augusta Partners
Mls Name: Aiken MLS
Mls ID: #217192