186 Sweet Bay LnSanteeSC29142
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Santee at 186 Sweet Bay Ln, Santee, SC, 29142 priced at $303,000 converts $2,700/mo rent into $896/mo cash flow after a $1,483/mo obligation. Total monthly income equals $2,700/mo, and annual cash flow totals $10,756/yr on $100,445 invested. Return on cash invested prints 30.62% in year one, and rental yield reads 10.69% against a $303,000 entry. Equity gained on principal adds $1,955/yr, while 5% annual appreciation compiles into $83,713 by year five. Five-year ROI reaches 159.99% and total cumulative return in cash sums $160,698. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,700/mo property income covering a $1,483/mo payment, not borrower’s personal income.
Manufactured
Built in 2026
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29142, Santee, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,387 (100%) |
| Owner Occupied HU | 1,586 (66.4%) |
| Renter Occupied HU | 335 (14.0%) |
| Vacant Housing Units | 466 (19.5%) |
| Median Home Value | $207,474 |
| Average Home Value | $249,786 |
Housing Distribution
Address Breakdown
Residential
2,135
Single Family
2,135
Multi-Family
0
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie A Henline • Your Midlands Real Estate Services LLC
Mls Name: Consolidated MLS
Mls ID: #625590