302 Pinelake DrNinety SixSC29666
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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 Ninety Six at 302 Pinelake Dr, Ninety Six, SC, 29666 offers $991/mo rent that, after a $1,419/mo payment. Total monthly income is $991/mo. Return on cash invested measures 10.74% in year one, and rental yield stands at 4.1% at a $290,000 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,122 by year five. Five-year ROI records 53.39% and total cumulative return in cash reaches $51,328. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $991/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29666, Ninety Six, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,376 (100%) |
| Owner Occupied HU | 2,345 (69.5%) |
| Renter Occupied HU | 497 (14.7%) |
| Vacant Housing Units | 534 (15.8%) |
| Median Home Value | $248,715 |
| Average Home Value | $312,505 |
Housing Distribution
Address Breakdown
Residential
3,226
Single Family
3,226
Multi-Family
0
Businesses
168
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Listed by: Benjamin Lawrence • Your Home Sold Guaranteed Realty
Mls Name: My State MLS
Mls ID: #11347468