16 Misti CtCayceSC29033
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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 Cayce at 16 Misti Ct, Cayce, SC, 29033 priced at $120,000 converts $964/mo rent into $102/mo cash flow after a $587/mo obligation. Total monthly income equals $964/mo, and annual cash flow totals $1,229/yr on $39,780 invested. Return on cash invested prints 23% in year one, and rental yield reads 9.64% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 120.8% and total cumulative return in cash sums $48,055. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $964/mo property income covering a $587/mo payment, not borrower’s personal income.
Townhouse
Built in 1975
4,094 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29033, Cayce, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,291 (100%) |
| Owner Occupied HU | 3,578 (56.9%) |
| Renter Occupied HU | 2,120 (33.7%) |
| Vacant Housing Units | 593 ( 9.4%) |
| Median Home Value | $204,469 |
| Average Home Value | $270,334 |
Housing Distribution
Address Breakdown
Residential
6,398
Single Family
5,153
Multi-Family
1,245
Businesses
510
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Listed by: Jill Nelly • Exclusive Southern Properties
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #595605
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC