23 Stringer StBeltonSC29627
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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 Belton at 23 Stringer St, Belton, SC, 29627 priced at $225,000 pairs $1,578/mo rent with $239/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,578/mo, and annual cash flow comes to $2,867/yr on $74,588 invested. Return on cash invested is 23.75% in year one, and rental yield stands at 8.42% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 123.14% and total cumulative return in cash reaches $91,845. For financing, Ziffy Mortgage’s DSCR program evaluates $1,578/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29627, Belton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,533 (100%) |
| Owner Occupied HU | 6,309 (73.9%) |
| Renter Occupied HU | 1,545 (18.1%) |
| Vacant Housing Units | 679 ( 8.0%) |
| Median Home Value | $231,151 |
| Average Home Value | $296,921 |
Housing Distribution
Address Breakdown
Residential
8,109
Single Family
8,045
Multi-Family
64
Businesses
356
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Listed by: Gail Trotter • Coldwell Banker Caine - Anders
Mls Name: WUMLS
Mls ID: #20289651