236 Sweetwater RdSt matthewsSC29135
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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 St matthews at 236 Sweetwater Rd, St matthews, SC, 29135 priced at $255,000 converts $2,093/mo rent into $575/mo cash flow after a $1,248/mo obligation. Total monthly income equals $2,093/mo, and annual cash flow totals $6,902/yr on $84,533 invested. Return on cash invested prints 28.07% in year one, and rental yield reads 9.85% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 146.37% and total cumulative return in cash sums $123,728. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,093/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Manufactured
Built in 2003
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29135, Saint Matthews, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,912 (100%) |
| Owner Occupied HU | 2,672 (68.3%) |
| Renter Occupied HU | 723 (18.5%) |
| Vacant Housing Units | 517 (13.2%) |
| Median Home Value | $152,329 |
| Average Home Value | $239,068 |
Housing Distribution
Address Breakdown
Residential
3,934
Single Family
3,894
Multi-Family
40
Businesses
287
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Listed by: Thomas E Kohn • Earth Properties, Inc.
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #604922
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC