1912 Beach LnHeath SpringsSC29058
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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 Heath Springs at 1912 Beach Ln, Heath Springs, SC, 29058 priced at $275,000 converts $1,669/mo rent into $32/mo cash flow after a $1,346/mo obligation. Total monthly income equals $1,669/mo, and annual cash flow totals $384/yr on $91,163 invested. Return on cash invested prints 20.33% in year one, and rental yield reads 7.28% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 104.77% and total cumulative return in cash sums $95,507. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,669/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Manufactured
Built in 2005
5.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29058, Heath Springs, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,160 (100%) |
| Owner Occupied HU | 1,637 (75.8%) |
| Renter Occupied HU | 292 (13.5%) |
| Vacant Housing Units | 231 (10.7%) |
| Median Home Value | $186,484 |
| Average Home Value | $246,156 |
Housing Distribution
Address Breakdown
Residential
1,955
Single Family
1,955
Multi-Family
0
Businesses
96
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Listed by: Sharon Snipes • EXP Realty LLC Rock Hill
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4323268