261 Long RdSaludaSC29138
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 Saluda at 261 Long Rd, Saluda, SC, 29138 at $349,000 posts ROI 31.41% with $1,109/mo cash flow from $3,186/mo rent. Total monthly income equals $3,186/mo, and annual cash flow records $13,304/yr on $115,694 to close. Return on cash invested measures 31.41% and rental yield reads 10.95% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 164.2% and total cumulative return in cash totals $189,972.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,186/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29138, Saluda, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,560 (100%) |
| Owner Occupied HU | 2,876 (63.1%) |
| Renter Occupied HU | 1,086 (23.8%) |
| Vacant Housing Units | 598 (13.1%) |
| Median Home Value | $117,471 |
| Average Home Value | $186,982 |
Housing Distribution
Address Breakdown
Residential
4,141
Single Family
4,058
Multi-Family
83
Businesses
361
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Nearby investment properties with comparable prices
Listed by: Stacey E Agran • Salty Fin Realty
Mls Name: Consolidated MLS
Mls ID: #613971