221 Pine St.LattaSC29565
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 Latta at 221 Pine St, Latta, SC, 29565 offers $1,830/mo rent that, after a $1,928/mo payment. Total monthly income is $1,830/mo. Return on cash invested measures 15.18% in year one, and rental yield stands at 5.57% at a $394,000 entry. Equity gained on principal adds $2,542/yr while 5% annual appreciation compounds into $108,855 by year five. Five-year ROI records 77.19% and total cumulative return in cash reaches $100,816. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,830/mo property income versus a $1,928/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29565, Latta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 1,942 (66.1%) |
| Renter Occupied HU | 615 (20.9%) |
| Vacant Housing Units | 379 (12.9%) |
| Median Home Value | $107,826 |
| Average Home Value | $147,826 |
Housing Distribution
Address Breakdown
Residential
2,737
Single Family
2,677
Multi-Family
60
Businesses
163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alyssa Holmes • CENTURY 21 Thomas
Mls Name: CCAR
Mls ID: #2517081