2487 Rodman RdChesterSC29706
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 Chester at 2487 Rodman Rd, Chester, SC, 29706 generates $2,776/mo in rent, after a $2,521/mo payment. Total monthly income is $2,776/mo. Return on cash invested sits at 18.01% in year one, and rental yield is 6.47% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 92.29% and total cumulative return in cash sums $156,373. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,776/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
11.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29706, Chester, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,796 (100%) |
| Owner Occupied HU | 5,818 (66.1%) |
| Renter Occupied HU | 2,017 (22.9%) |
| Vacant Housing Units | 961 (10.9%) |
| Median Home Value | $164,274 |
| Average Home Value | $217,998 |
Housing Distribution
Address Breakdown
Residential
8,258
Single Family
8,236
Multi-Family
22
Businesses
723
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Alles • Mark Spain Real Estate
Mls Name: SAR
Mls Provider:
Mls ID: #314559
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.