2231 Flat Rock RdCamdenSC29020
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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
Rental property for sale in Camden at 2231 Flat Rock Rd, Camden, SC, 29020 generates $1,482/mo in rent, after a $1,466/mo payment. Total monthly income is $1,482/mo. Return on cash invested sits at 16.27% in year one, and rental yield is 5.94% on a $299,500 entry. Equity gained on principal adds $1,933/yr, while 5% annual appreciation builds toward $82,746 over five years. Five-year ROI reaches 83.08% and total cumulative return in cash sums $82,487. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,482/mo property income rather than buyer’s personal income.
Manufactured
Built in 1985
16.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29020, Camden, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,779 (100%) |
| Owner Occupied HU | 7,887 (67.0%) |
| Renter Occupied HU | 2,472 (21.0%) |
| Vacant Housing Units | 1,420 (12.1%) |
| Median Home Value | $247,889 |
| Average Home Value | $318,722 |
Housing Distribution
Address Breakdown
Residential
11,014
Single Family
10,535
Multi-Family
479
Businesses
898
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Listed by: Renard Perry • Yip Premier Real Estate LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #607090
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC