183 Jasper RdModocSC29838
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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 183 Jasper Rd, Modoc, SC, 29838 priced at $375,000 converts $1,214/mo rent into after a $1,835/mo obligation. Total monthly income equals $1,214/mo. Return on cash invested prints 9.65% in year one, and rental yield reads 3.88% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 47.69% and total cumulative return in cash sums $59,283. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,214/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 2008
0.50 Acres 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: Katherine King • Southeastern Residential, LLC
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #541172
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.