294 Nates Store RdCameronSC29030
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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
Rental property for sale in Cameron at 294 Nates Store Rd, Cameron, SC, 29030 offers $2,119/mo rent that, after a $3,911/mo payment. Total monthly income is $2,119/mo. Return on cash invested measures 8.02% in year one, and rental yield stands at 3.18% at a $799,000 entry. Equity gained on principal adds $5,156/yr while 5% annual appreciation compounds into $220,749 by year five. Five-year ROI records 38.75% and total cumulative return in cash reaches $101,850. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,119/mo property income versus a $3,911/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
11.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29030, Cameron, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 940 (100%) |
| Owner Occupied HU | 650 (69.1%) |
| Renter Occupied HU | 129 (13.7%) |
| Vacant Housing Units | 161 (17.1%) |
| Median Home Value | $200,685 |
| Average Home Value | $286,338 |
Housing Distribution
Address Breakdown
Residential
827
Single Family
827
Multi-Family
0
Businesses
81
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Listed by: N/A • Carolina Properties at Lake Marion
Mls Name: CTMLS
Mls ID: #25029322