3 Dinghy CtSalemSC29676
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 Salem at 3 Dinghy Ct, Salem, SC, 29676 with 5% annual appreciation on a $875,000 basis while $5,144/mo rent supports operations. 79% in year one. Equity gained on principal adds $5,646/yr, and five-year appreciation sums $241,746 alongside rental yield of 7.05%. Five-year ROI measures 101.84% and total cumulative return in cash totals $293,183. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,144/mo property income versus a $4,283/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29676, Salem, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,155 (100%) |
| Owner Occupied HU | 2,842 (68.4%) |
| Renter Occupied HU | 239 ( 5.8%) |
| Vacant Housing Units | 1,074 (25.8%) |
| Median Home Value | $648,244 |
| Average Home Value | $726,379 |
Housing Distribution
Address Breakdown
Residential
3,440
Single Family
3,252
Multi-Family
188
Businesses
121
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melanie Fink • Howard Hanna Allen Tate - Melanie Fink & Assoc
Mls Name: WUMLS
Mls ID: #20294346