2378 Southern DrLattaSC29565
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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
Investment property for sale in Latta at 2378 Southern Dr, Latta, SC, 29565 earns $282/mo cash flow from $1,163/mo rent with a $724/mo payment. Total monthly income totals $1,163/mo, and annual cash flow totals $3,390/yr on $49,029 capital. ROI tracks 26.82% on current figures, and rental yield reads 9.44% at a $147,900 purchase. Equity gained on principal adds $954/yr, and 5% annual appreciation supports $40,862 over five years. Five-year ROI reaches 139.67% and total cumulative return in cash sums $68,479. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,163/mo property income instead of your personal income.
Manufactured
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29565, Latta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 1,942 (66.1%) |
| Renter Occupied HU | 615 (20.9%) |
| Vacant Housing Units | 379 (12.9%) |
| Median Home Value | $107,826 |
| Average Home Value | $147,826 |
Housing Distribution
Address Breakdown
Residential
2,737
Single Family
2,677
Multi-Family
60
Businesses
163
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Nearby investment properties with comparable prices
Listed by: Sean P Austin • Re/max Professionals
Mls Name: Pee Dee Realtor Association
Mls ID: #20251907