261 Savanna Creek WaySaint StephenSC29479
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
Rental property for sale in Saint Stephen at 261 Savanna Creek Way, Saint Stephen, SC, 29479 offers $928/mo rent that, after a $587/mo payment, leaves $214/mo cash flow. Total monthly income is $928/mo, and annual cash flow is $2,569/yr on $39,747 cash. Return on cash invested measures 26.37% in year one, and rental yield stands at 9.29% at a $119,900 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,126 by year five. Five-year ROI records 137.31% and total cumulative return in cash reaches $54,576. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $928/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1991
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29479, Saint Stephen, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,228 (100%) |
| Owner Occupied HU | 2,330 (72.2%) |
| Renter Occupied HU | 543 (16.8%) |
| Vacant Housing Units | 355 (11.0%) |
| Median Home Value | $119,156 |
| Average Home Value | $194,034 |
Housing Distribution
Address Breakdown
Residential
2,515
Single Family
2,471
Multi-Family
44
Businesses
177
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Listed by: Sistare Southern Properties Team • Keller Williams Innovate South
Mls Name: CCAR
Mls ID: #2520471