211 Cherokee DrFair PlaySC29643
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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 Fair Play at 211 Cherokee Dr, Fair Play, SC, 29643 priced at $439,000 converts $3,469/mo rent into $855/mo cash flow after a $2,149/mo obligation. Total monthly income equals $3,469/mo, and annual cash flow totals $10,265/yr on $145,529 invested. Return on cash invested prints 26.96% in year one, and rental yield reads 9.48% against a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation compiles into $121,288 by year five. Five-year ROI reaches 140.37% and total cumulative return in cash sums $204,272. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,469/mo property income covering a $2,149/mo payment, not borrower’s personal income.
Single Family
Built in 1988
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29643, Fair Play, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,152 (100%) |
| Owner Occupied HU | 1,249 (58.0%) |
| Renter Occupied HU | 186 ( 8.6%) |
| Vacant Housing Units | 717 (33.3%) |
| Median Home Value | $375,427 |
| Average Home Value | $425,562 |
Housing Distribution
Address Breakdown
Residential
1,687
Single Family
1,653
Multi-Family
34
Businesses
107
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Listed by: Parker Quigley • Parker Quigley Properties LLC
Mls Name: GAMLS
Mls ID: #10605560