305 Forest LnBeltonSC29627
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 Belton at 305 Forest Ln, Belton, SC, 29627 offers $2,156/mo rent that, after a $1,273/mo payment, leaves $608/mo cash flow. Total monthly income is $2,156/mo, and annual cash flow is $7,294/yr on $86,190 cash. Return on cash invested measures 28.37% in year one, and rental yield stands at 9.95% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 147.91% and total cumulative return in cash reaches $127,481. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,156/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29627, Belton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,533 (100%) |
| Owner Occupied HU | 6,309 (73.9%) |
| Renter Occupied HU | 1,545 (18.1%) |
| Vacant Housing Units | 679 ( 8.0%) |
| Median Home Value | $231,151 |
| Average Home Value | $296,921 |
Housing Distribution
Address Breakdown
Residential
8,109
Single Family
8,045
Multi-Family
64
Businesses
356
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kellar Lawrence • Your Home Sold Guaranteed Realty - Kellar Lawrence
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #132719