274 Red Ash 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
Investment property for sale in Blythewood at 274 Red Ash Way, Blythewood, SC, 29016 uses $184,076 cash to close to unlock $3,322/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $3,607/mo, and a $2,738/mo payment keeps the spread at $277/mo. Purchase price stands at $559,500, and rental yield measures 7.74% with $3,607/mo rent. Return on cash invested shows 21.87% in year one, and 5% annual appreciation builds toward $154,580 over five years. Five-year ROI reaches 112.98% and total cumulative return in cash records $207,964. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,607/mo property income covering a $2,738/mo payment rather than investor’s personal income.
Single Family
Built in 2023
0.46 Acres 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: Ken Queen • ERA Wilder Realty
Mls Name: Consolidated MLS
Mls ID: #619617