2028 Glenn StNewberrySC29108
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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 Newberry at 2028 Glenn St, Newberry, SC, 29108 offers $1,938/mo rent that, after a $1,087/mo payment, leaves $616/mo cash flow. Total monthly income is $1,938/mo, and annual cash flow is $7,393/yr on $73,593 cash. Return on cash invested measures 29.95% in year one, and rental yield stands at 10.48% at a $222,000 entry. Equity gained on principal adds $1,433/yr while 5% annual appreciation compounds into $61,335 by year five. Five-year ROI records 156.48% and total cumulative return in cash reaches $115,155. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,938/mo property income versus a $1,087/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29108, Newberry, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,970 (100%) |
| Owner Occupied HU | 5,182 (57.8%) |
| Renter Occupied HU | 2,673 (29.8%) |
| Vacant Housing Units | 1,115 (12.4%) |
| Median Home Value | $161,590 |
| Average Home Value | $206,277 |
Housing Distribution
Address Breakdown
Residential
8,283
Single Family
8,009
Multi-Family
274
Businesses
897
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A