228 Shady Springs RdProsperitySC29127
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 Prosperity at 228 Shady Springs Rd, Prosperity, SC, 29127 priced at $625,000 pairs $2,203/mo rent with after a $3,059/mo payment. Total monthly income equals $2,203/mo. Return on cash invested is 11.2% in year one, and rental yield stands at 4.23% on a $625,000 basis. Equity gained on principal adds $4,033/yr, and 5% annual appreciation accumulates to $172,676 by year five. Five-year ROI measures 55.83% and total cumulative return in cash reaches $114,793. For financing, Ziffy Mortgage’s DSCR program evaluates $2,203/mo property income against a $3,059/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
10.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29127, Prosperity, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,528 (100%) |
| Owner Occupied HU | 3,774 (68.3%) |
| Renter Occupied HU | 496 ( 9.0%) |
| Vacant Housing Units | 1,258 (22.8%) |
| Median Home Value | $292,951 |
| Average Home Value | $377,778 |
Housing Distribution
Address Breakdown
Residential
4,741
Single Family
4,707
Multi-Family
34
Businesses
213
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vivian Baxter • Sunset Chase Realty
Mls Name: Consolidated MLS
Mls ID: #618813