2532 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 2532 Southern Dr, Latta, SC, 29565 listed at $229,900 pairs $1,830/mo rent with a $1,125/mo payment to leave $462/mo cash flow. Total monthly income runs $1,830/mo, and annual cash flow reaches $5,540/yr on $76,212 cash to close. Return on cash invested measures 27.18% in year one, and rental yield registers 9.55% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 141.52% and total cumulative return in cash totals $107,855. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,830/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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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Listed by: Michael L Hamlin • House Of Real Estate
Mls Name: Pee Dee Realtor Association
Mls ID: #20254227