216 Summerland AveBatesburgSC29006
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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 Batesburg at 216 Summerland Ave, Batesburg, SC, 29006 offers a 11.92% rental yield on a $187,500 purchase with $1,862/mo rent. Total monthly income registers $1,862/mo, and a $918/mo payment leaves $746/mo available for distribution. Annual cash flow reaches $8,947/yr on $62,156 to close, and return on cash invested stands at 34.3% in year one. Equity gained on principal adds $1,210/yr while 5% annual appreciation supports $51,803 over five years. Portfolio math shows five-year ROI at 179.75% and total cumulative return in cash at $111,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,862/mo property income against a $918/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29006, Batesburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,746 (100%) |
| Owner Occupied HU | 3,235 (68.2%) |
| Renter Occupied HU | 914 (19.3%) |
| Vacant Housing Units | 597 (12.6%) |
| Median Home Value | $216,363 |
| Average Home Value | $252,767 |
Housing Distribution
Address Breakdown
Residential
4,244
Single Family
4,244
Multi-Family
0
Businesses
311
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Listed by: Patrick O'Connor • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #613798