230 Placid CirBatesburgSC29006
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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 Batesburg at 230 Placid Cir, Batesburg, SC, 29006 generates $942/mo in rent and, after a $560/mo payment, leaves $261/mo in cash flow. Total monthly income is $942/mo, and annual cash flow is $3,130/yr on $37,957 invested. Return on cash invested sits at 28.15% in year one, and rental yield is 9.87% on a $114,500 entry. Equity gained on principal adds $739/yr, while 5% annual appreciation builds toward $31,634 over five years. Five-year ROI reaches 146.75% and total cumulative return in cash sums $55,700. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $942/mo property income rather than buyer’s personal income.
Manufactured
Built in 1996
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29006, Batesburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,746 (100%) |
| Owner Occupied HU | 3,235 (68.2%) |
| Renter Occupied HU | 914 (19.3%) |
| Vacant Housing Units | 597 (12.6%) |
| Median Home Value | $216,363 |
| Average Home Value | $252,767 |
Housing Distribution
Address Breakdown
Residential
4,244
Single Family
4,244
Multi-Family
0
Businesses
311
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Listed by: Andrea Kelly • EXIT Real Est Consultants
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #610665
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC