1904 Canal RdCatawbaSC29704
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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
Investment property for sale in Catawba at 1904 Canal Rd, Catawba, SC, 29704 earns from $1,699/mo rent with a $7,586/mo payment. Total monthly income totals $1,699/mo. ROI tracks 2.38% on current figures, and rental yield reads 1.32% at a $1,550,000 purchase. Equity gained on principal adds $10,002/yr, and 5% annual appreciation supports $428,236 over five years. Five-year ROI reaches 8.44% and total cumulative return in cash sums $42,409. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,699/mo property income instead of your personal income.
Single Family
Built in 2021
50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29704, Catawba, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,597 (100%) |
| Owner Occupied HU | 1,356 (84.9%) |
| Renter Occupied HU | 168 (10.5%) |
| Vacant Housing Units | 73 ( 4.6%) |
| Median Home Value | $322,980 |
| Average Home Value | $346,156 |
Housing Distribution
Address Breakdown
Residential
1,494
Single Family
1,494
Multi-Family
0
Businesses
51
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Listed by: Kelley Shelley • Coldwell Banker Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4309790