218 Riverlake RdFair PlaySC29643
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
Investment property for sale in Fair Play at 218 Riverlake Rd, Fair Play, SC, 29643 offers a 1.56% rental yield on a $1,299,000 purchase with $1,685/mo rent. 13% in year one. Equity gained on principal adds $8,382/yr while 5% annual appreciation supports $358,890 over five years. Portfolio math shows five-year ROI at 12.44% and total cumulative return in cash at $52,345. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,685/mo property income against a $6,358/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.59 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Allgood • KW Western Upstate
Mls Name: GAMLS
Mls ID: #10578053