1638 Barnett RdCross HillSC29332
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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 Cross Hill at 1638 Barnett Rd, Cross Hill, SC, 29332 generates $1,273/mo in rent and, after a $905/mo payment, leaves $172/mo in cash flow. Total monthly income is $1,273/mo, and annual cash flow is $2,067/yr on $61,328 invested. Return on cash invested sits at 23.28% in year one, and rental yield is 8.26% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 120.67% and total cumulative return in cash sums $74,007. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,273/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29332, Cross Hill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,940 (100%) |
| Owner Occupied HU | 962 (49.6%) |
| Renter Occupied HU | 160 ( 8.2%) |
| Vacant Housing Units | 818 (42.2%) |
| Median Home Value | $202,924 |
| Average Home Value | $204,504 |
Housing Distribution
Address Breakdown
Residential
1,356
Single Family
1,356
Multi-Family
0
Businesses
39
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Listed by: Daisy Chaplin • 864 Realty LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1560472
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.