255 Honey Hill WayBlythewoodSC29016
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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 Blythewood at 255 Honey Hill Way, Blythewood, SC, 29016 priced at $289,800 pairs $2,173/mo rent with $448/mo cash flow after a $1,418/mo payment. Total monthly income equals $2,173/mo, and annual cash flow comes to $5,379/yr on $96,069 invested. Return on cash invested is 25.51% in year one, and rental yield stands at 9% on a $289,800 basis. Equity gained on principal adds $1,870/yr, and 5% annual appreciation accumulates to $80,066 by year five. Five-year ROI measures 132.59% and total cumulative return in cash reaches $127,381. For financing, Ziffy Mortgage’s DSCR program evaluates $2,173/mo property income against a $1,418/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29016, Blythewood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,159 (100%) |
| Owner Occupied HU | 9,061 (81.2%) |
| Renter Occupied HU | 1,461 (13.1%) |
| Vacant Housing Units | 637 ( 5.7%) |
| Median Home Value | $346,201 |
| Average Home Value | $366,042 |
Housing Distribution
Address Breakdown
Residential
11,615
Single Family
10,265
Multi-Family
1,350
Businesses
453
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Listed by: Elizabeth M Sullivan • Home Advantage Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #612040
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC