2 Dobbins RdTownvilleSC29689
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
Investment property for sale in Townville at 2 Dobbins Rd, Townville, SC, 29689 offers a 8.24% rental yield on a $200,000 purchase with $1,373/mo rent. Total monthly income registers $1,373/mo, and a $979/mo payment leaves $182/mo available for distribution. Annual cash flow reaches $2,188/yr on $66,300 to close, and return on cash invested stands at 23.21% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 120.28% and total cumulative return in cash at $79,748. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,373/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29689, Townville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,843 (100%) |
| Owner Occupied HU | 1,855 (65.2%) |
| Renter Occupied HU | 264 ( 9.3%) |
| Vacant Housing Units | 724 (25.5%) |
| Median Home Value | $419,349 |
| Average Home Value | $491,116 |
Housing Distribution
Address Breakdown
Residential
2,523
Single Family
2,523
Multi-Family
0
Businesses
78
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Listed by: Knox Duncan • Reedy Property Group
Mls Name: My State MLS
Mls ID: #11462141