295 Rainbow DrSalleySC29137
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 Salley at 295 Rainbow Dr, Salley, SC, 29137 at $239,990 posts ROI 23.21% with $219/mo cash flow from $1,648/mo rent. Total monthly income equals $1,648/mo, and annual cash flow records $2,628/yr on $79,557 to close. Return on cash invested measures 23.21% and rental yield reads 8.24% at the current $239,990. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,305 by year five. Five-year ROI prints 120.31% and total cumulative return in cash totals $95,711.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,648/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
2.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29137, Salley, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,498 (100%) |
| Owner Occupied HU | 1,039 (69.4%) |
| Renter Occupied HU | 210 (14.0%) |
| Vacant Housing Units | 249 (16.6%) |
| Median Home Value | $239,384 |
| Average Home Value | $257,873 |
Housing Distribution
Address Breakdown
Residential
1,071
Single Family
1,071
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angelia Dodson • Better Homes and Gardens Real Est Medley
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #599135
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC