2268 Highway 1 NCassattSC29032
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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 Cassatt at 2268 Highway 1 N, Cassatt, SC, 29032 generates $969/mo in rent and, after a $612/mo payment, leaves $225/mo in cash flow. Total monthly income is $969/mo, and annual cash flow is $2,697/yr on $41,438 invested. Return on cash invested sits at 26.42% in year one, and rental yield is 9.3% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 137.45% and total cumulative return in cash sums $56,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $969/mo property income rather than buyer’s personal income.
Manufactured
Built in 1987
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29032, Cassatt, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,133 (100%) |
| Owner Occupied HU | 1,554 (72.9%) |
| Renter Occupied HU | 377 (17.7%) |
| Vacant Housing Units | 202 ( 9.5%) |
| Median Home Value | $151,071 |
| Average Home Value | $199,237 |
Housing Distribution
Address Breakdown
Residential
1,935
Single Family
1,935
Multi-Family
0
Businesses
27
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Listed by: Jeffrey R Graham • Graham Realty, Inc
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #607122
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC