304 & 306 Pine StLattaSC29565
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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 Latta at 304 & 306 Pine St, Latta, SC, 29565 uses $49,394 cash to close to unlock $8,140/yr annual cash flow and $678/mo monthly cash flow. Total monthly income runs $1,565/mo, and a $729/mo payment keeps the spread at $678/mo. Purchase price stands at $149,000, and rental yield measures 12.6% with $1,565/mo rent. Return on cash invested shows 36.39% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 190.96% and total cumulative return in cash records $94,324. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,565/mo property income covering a $729/mo payment rather than investor’s personal income.
Multi Family
Built in 1969
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29565, Latta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 1,942 (66.1%) |
| Renter Occupied HU | 615 (20.9%) |
| Vacant Housing Units | 379 (12.9%) |
| Median Home Value | $107,826 |
| Average Home Value | $147,826 |
Housing Distribution
Address Breakdown
Residential
2,737
Single Family
2,677
Multi-Family
60
Businesses
163
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Listed by: Lynn S Carr • Dillon Realty Inc
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20250924
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.