232 PalaceCrossSC29436
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 Cross at 232 Palace, Cross, SC, 29436 offers $2,762/mo rent that, after a $1,508/mo payment, leaves $928/mo cash flow. Total monthly income is $2,762/mo, and annual cash flow is $11,136/yr on $102,102 cash. Return on cash invested measures 30.82% in year one, and rental yield stands at 10.76% at a $308,000 entry. Equity gained on principal adds $1,987/yr while 5% annual appreciation compounds into $85,095 by year five. Five-year ROI records 161.07% and total cumulative return in cash reaches $164,452. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,762/mo property income versus a $1,508/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2023
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29436, Cross, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,397 (100%) |
| Owner Occupied HU | 1,620 (67.6%) |
| Renter Occupied HU | 304 (12.7%) |
| Vacant Housing Units | 473 (19.7%) |
| Median Home Value | $157,917 |
| Average Home Value | $225,832 |
Housing Distribution
Address Breakdown
Residential
1,951
Single Family
1,951
Multi-Family
0
Businesses
67
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #26001619