215 Mill StSt matthewsSC29135
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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
Investment property for sale in St matthews at 215 Mill St, St matthews, SC, 29135 with 5% annual appreciation on a $190,000 basis while $1,896/mo rent supports operations. Total monthly income totals $1,896/mo and a $930/mo payment preserves $765/mo for cash returns. Annual cash flow comes to $9,179/yr on $62,985 deployed, and return on cash invested reaches 34.48% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,494 alongside rental yield of 11.97%. Five-year ROI measures 180.67% and total cumulative return in cash totals $113,796.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,896/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29135, Saint Matthews, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,912 (100%) |
| Owner Occupied HU | 2,672 (68.3%) |
| Renter Occupied HU | 723 (18.5%) |
| Vacant Housing Units | 517 (13.2%) |
| Median Home Value | $152,329 |
| Average Home Value | $239,068 |
Housing Distribution
Address Breakdown
Residential
3,934
Single Family
3,894
Multi-Family
40
Businesses
287
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Listed by: Miranda Mole • TruHome Realty
Mls Name: Consolidated MLS
Mls ID: #621417