2602 Church StDenmarkSC29042
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
Investment property for sale in Denmark at 2602 Church St, Denmark, SC, 29042 uses $49,725 cash to close to unlock $1,762/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $1,066/mo, and a $734/mo payment keeps the spread at $147/mo. Purchase price stands at $150,000, and rental yield measures 8.53% with $1,066/mo rent. Return on cash invested shows 23.45% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 121.76% and total cumulative return in cash records $60,546. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,066/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29042, Denmark, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,241 (100%) |
| Owner Occupied HU | 1,134 (50.6%) |
| Renter Occupied HU | 635 (28.3%) |
| Vacant Housing Units | 472 (21.1%) |
| Median Home Value | $122,905 |
| Average Home Value | $147,670 |
Housing Distribution
Address Breakdown
Residential
1,741
Single Family
1,721
Multi-Family
20
Businesses
196
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caleb M Smith • Keller Williams Realty Aiken Partners
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #212215
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.