251 Black RdBarnwellSC29812
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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 Barnwell at 251 Black Rd, Barnwell, SC, 29812 generates $540/mo in rent, after a $1,101/mo payment. Total monthly income is $540/mo. Return on cash invested sits at 7.05% in year one, and rental yield is 2.88% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 33.59% and total cumulative return in cash sums $25,053. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $540/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
2,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29812, Barnwell, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,266 (100%) |
| Owner Occupied HU | 3,355 (63.7%) |
| Renter Occupied HU | 1,171 (22.2%) |
| Vacant Housing Units | 740 (14.1%) |
| Median Home Value | $119,497 |
| Average Home Value | $160,508 |
Housing Distribution
Address Breakdown
Residential
4,757
Single Family
4,702
Multi-Family
55
Businesses
453
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Listed by: Lindsey Nettles • Arete Real Estate
Mls Name: My State MLS
Mls ID: #11600128