3 Elm StStartexSC29377
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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
Investment property for sale in Startex at 3 Elm St, Startex, SC, 29377 uses $56,322 cash to close to unlock $3,794/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $1,328/mo, and a $832/mo payment keeps the spread at $316/mo. Purchase price stands at $169,900, and rental yield measures 9.38% with $1,328/mo rent. Return on cash invested shows 26.65% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 138.73% and total cumulative return in cash records $78,134. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,328/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 1989
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29377, Startex, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 272 (100%) |
| Owner Occupied HU | 161 (59.2%) |
| Renter Occupied HU | 90 (33.1%) |
| Vacant Housing Units | 21 ( 7.7%) |
| Median Home Value | $236,538 |
| Average Home Value | $336,677 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
11
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Listed by: Guadalupe I Rosales • THE ROSALES GROUP@KW
Mls Name: SAR
Mls ID: #330072