2929 Ballpark RdEffinghamSC29541
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 Effingham at 2929 Ballpark Rd, Effingham, SC, 29541 listed at $160,000 pairs $1,783/mo rent with a $783/mo payment to leave $831/mo cash flow. Total monthly income runs $1,783/mo, and annual cash flow reaches $9,968/yr on $53,040 cash to close. Return on cash invested measures 38.7% in year one, and rental yield registers 13.37% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 203.33% and total cumulative return in cash totals $107,846. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,783/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29541, Effingham, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,007 (100%) |
| Owner Occupied HU | 2,981 (74.4%) |
| Renter Occupied HU | 672 (16.8%) |
| Vacant Housing Units | 354 ( 8.8%) |
| Median Home Value | $234,067 |
| Average Home Value | $247,075 |
Housing Distribution
Address Breakdown
Residential
3,911
Single Family
3,911
Multi-Family
0
Businesses
124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marquetta Greene • Exp Realty Greyfeather Group
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20242562
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.