199 Bees Branch RdBlacksburgSC29702
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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 Blacksburg at 199 Bees Branch Rd, Blacksburg, SC, 29702 uses $62,952 cash to close to unlock $1,368/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $1,244/mo, and a $929/mo payment keeps the spread at $114/mo. Purchase price stands at $189,900, and rental yield measures 7.86% with $1,244/mo rent. Return on cash invested shows 22.08% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 114.29% and total cumulative return in cash records $71,945. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,244/mo property income covering a $929/mo payment rather than investor’s personal income.
Manufactured
Built in 1992
1.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29702, Blacksburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,531 (100%) |
| Owner Occupied HU | 3,184 (70.3%) |
| Renter Occupied HU | 949 (20.9%) |
| Vacant Housing Units | 398 ( 8.8%) |
| Median Home Value | $174,119 |
| Average Home Value | $197,639 |
Housing Distribution
Address Breakdown
Residential
4,480
Single Family
4,478
Multi-Family
2
Businesses
285
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Listed by: Charm Ellis • Better Homes & Gardens Young &
Mls Name: SAR
Mls Provider:
Mls ID: #312154
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.