201 Ore Bank RdSmyrnaSC29743
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 Smyrna at 201 Ore Bank Rd, Smyrna, SC, 29743 priced at $275,000 pairs $1,882/mo rent with $245/mo cash flow after a $1,346/mo payment. Total monthly income equals $1,882/mo, and annual cash flow comes to $2,940/yr on $91,163 invested. Return on cash invested is 23.13% in year one, and rental yield stands at 8.21% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 119.82% and total cumulative return in cash reaches $109,235. For financing, Ziffy Mortgage’s DSCR program evaluates $1,882/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1996
6.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29743, Smyrna, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 635 (100%) |
| Owner Occupied HU | 490 (77.2%) |
| Renter Occupied HU | 72 (11.3%) |
| Vacant Housing Units | 73 (11.5%) |
| Median Home Value | $232,836 |
| Average Home Value | $322,903 |
Housing Distribution
Address Breakdown
Residential
575
Single Family
575
Multi-Family
0
Businesses
17
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Listed by: Vince Carlson • Keller Williams Connected
Mls Name: SAR
Mls Provider:
Mls ID: #316327
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.