303 N Adair StClintonSC29325
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
Rental property for sale in Clinton at 303 N Adair St, Clinton, SC, 29325 priced at $140,000 converts $1,092/mo rent into $259/mo cash flow after a $685/mo obligation. Total monthly income equals $1,092/mo, and annual cash flow totals $3,106/yr on $46,410 invested. Return on cash invested prints 26.6% in year one, and rental yield reads 9.36% against a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,679 by year five. Five-year ROI reaches 138.43% and total cumulative return in cash sums $64,246. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,092/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29325, Clinton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,625 (100%) |
| Owner Occupied HU | 3,758 (56.7%) |
| Renter Occupied HU | 1,899 (28.7%) |
| Vacant Housing Units | 968 (14.6%) |
| Median Home Value | $174,257 |
| Average Home Value | $223,142 |
Housing Distribution
Address Breakdown
Residential
5,867
Single Family
5,585
Multi-Family
282
Businesses
542
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JENNA FLEMING • Keller Williams on Main
Mls Name: SAR
Mls ID: #329127