280 Eddie Woods Rd.SaltersSC29590
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 Salters at 280 Eddie Woods Rd, Salters, SC, 29590 offers $1,966/mo rent that, after a $967/mo payment, leaves $790/mo cash flow. Total monthly income is $1,966/mo, and annual cash flow is $9,480/yr on $65,471 cash. Return on cash invested measures 34.39% in year one, and rental yield stands at 11.95% at a $197,500 entry. Equity gained on principal adds $1,274/yr while 5% annual appreciation compounds into $54,566 by year five. Five-year ROI records 180.18% and total cumulative return in cash reaches $117,963. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,966/mo property income versus a $967/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29590, Salters, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,005 (100%) |
| Owner Occupied HU | 689 (68.6%) |
| Renter Occupied HU | 122 (12.1%) |
| Vacant Housing Units | 194 (19.3%) |
| Median Home Value | $80,556 |
| Average Home Value | $130,951 |
Housing Distribution
Address Breakdown
Residential
990
Single Family
990
Multi-Family
0
Businesses
46
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Listed by: Robert McCants • Tidewater Properties
Mls Name: CCAR
Mls ID: #2523146