2807 Milne AveNewberrySC29108
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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 Newberry at 2807 Milne Ave, Newberry, SC, 29108 earns $332/mo cash flow from $1,663/mo rent with a $1,094/mo payment. Total monthly income totals $1,663/mo, and annual cash flow totals $3,990/yr on $74,090 capital. ROI tracks 25.29% on current figures, and rental yield reads 8.93% at a $223,500 purchase. Equity gained on principal adds $1,442/yr, and 5% annual appreciation supports $61,749 over five years. Five-year ROI reaches 131.43% and total cumulative return in cash sums $97,374. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,663/mo property income instead of your personal income.
Single Family
Built in 2025
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29108, Newberry, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,970 (100%) |
| Owner Occupied HU | 5,182 (57.8%) |
| Renter Occupied HU | 2,673 (29.8%) |
| Vacant Housing Units | 1,115 (12.4%) |
| Median Home Value | $161,590 |
| Average Home Value | $206,277 |
Housing Distribution
Address Breakdown
Residential
8,283
Single Family
8,009
Multi-Family
274
Businesses
897
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Listed by: Christie McCray • LPT Realty LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #611936
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC