2137 Landis RdWinnsboroSC29180
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 Winnsboro at 2137 Landis Rd, Winnsboro, SC, 29180 priced at $185,000 converts $1,439/mo rent into $338/mo cash flow after a $905/mo obligation. Total monthly income equals $1,439/mo, and annual cash flow totals $4,059/yr on $61,328 invested. Return on cash invested prints 26.53% in year one, and rental yield reads 9.33% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 138.05% and total cumulative return in cash sums $84,663. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,439/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 2000
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29180, Winnsboro, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,243 (100%) |
| Owner Occupied HU | 3,914 (62.7%) |
| Renter Occupied HU | 1,541 (24.7%) |
| Vacant Housing Units | 788 (12.6%) |
| Median Home Value | $124,078 |
| Average Home Value | $197,230 |
Housing Distribution
Address Breakdown
Residential
5,680
Single Family
5,569
Multi-Family
111
Businesses
452
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Nearby investment properties with comparable prices
Listed by: Kristie Oswald • Home Advantage Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606169
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC