246 Kings LnWhitmireSC29178
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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 Whitmire at 246 Kings Ln, Whitmire, SC, 29178 generates $1,054/mo in rent and, after a $661/mo payment, leaves $247/mo in cash flow. Total monthly income is $1,054/mo, and annual cash flow is $2,965/yr on $44,753 invested. Return on cash invested sits at 26.53% in year one, and rental yield is 9.37% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 138.2% and total cumulative return in cash sums $61,849. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,054/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29178, Whitmire, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,657 (100%) |
| Owner Occupied HU | 1,022 (61.7%) |
| Renter Occupied HU | 295 (17.8%) |
| Vacant Housing Units | 340 (20.5%) |
| Median Home Value | $90,714 |
| Average Home Value | $137,781 |
Housing Distribution
Address Breakdown
Residential
1,459
Single Family
1,459
Multi-Family
0
Businesses
94
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Listed by: Brandon Mundy • Fathom Realty SC LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #597118
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC