2838 State Highway 391NewberrySC29127
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 Newberry at 2838 State Highway 391, Newberry, SC, 29127 earns from $2,339/mo rent with a $2,022/mo payment. Total monthly income totals $2,339/mo. ROI tracks 17.73% on current figures, and rental yield reads 6.79% at a $413,100 purchase. Equity gained on principal adds $2,666/yr, and 5% annual appreciation supports $114,132 over five years. Five-year ROI reaches 91.27% and total cumulative return in cash sums $124,993. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,339/mo property income instead of your personal income.
Single Family
Built in N/A
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29127, Prosperity, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,528 (100%) |
| Owner Occupied HU | 3,774 (68.3%) |
| Renter Occupied HU | 496 ( 9.0%) |
| Vacant Housing Units | 1,258 (22.8%) |
| Median Home Value | $292,951 |
| Average Home Value | $377,778 |
Housing Distribution
Address Breakdown
Residential
4,741
Single Family
4,707
Multi-Family
34
Businesses
213
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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