161 Jackson DrModocSC29838
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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 Modoc at 161 Jackson Dr, Modoc, SC, 29838 offers $3,223/mo rent that, after a $5,624/mo payment. Total monthly income is $3,223/mo. Return on cash invested measures 8.71% in year one, and rental yield stands at 3.37% at a $1,149,000 entry. Equity gained on principal adds $7,414/yr while 5% annual appreciation compounds into $317,448 by year five. Five-year ROI records 42.37% and total cumulative return in cash reaches $157,735. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,223/mo property income versus a $5,624/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29838, Modoc, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 444 (100%) |
| Owner Occupied HU | 252 (56.8%) |
| Renter Occupied HU | 32 ( 7.2%) |
| Vacant Housing Units | 160 (36.0%) |
| Median Home Value | $159,375 |
| Average Home Value | $282,024 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
321
Multi-Family
0
Businesses
13
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Listed by: Jaime Putnam • Meybohm Real Estate - Evans
Mls Name: REALTORS of Greater Augusta
Mls ID: #547424