305 Scrimshaw RdBatesburgSC29006
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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 Batesburg at 305 Scrimshaw Rd, Batesburg, SC, 29006 uses $71,239 cash to close to unlock $8,851/yr annual cash flow and $738/mo monthly cash flow. Total monthly income runs $2,017/mo, and a $1,052/mo payment keeps the spread at $738/mo. Purchase price stands at $214,900, and rental yield measures 11.26% with $2,017/mo rent. Return on cash invested shows 32.33% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 169.2% and total cumulative return in cash records $120,534. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,017/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1950
2.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29006, Batesburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,746 (100%) |
| Owner Occupied HU | 3,235 (68.2%) |
| Renter Occupied HU | 914 (19.3%) |
| Vacant Housing Units | 597 (12.6%) |
| Median Home Value | $216,363 |
| Average Home Value | $252,767 |
Housing Distribution
Address Breakdown
Residential
4,244
Single Family
4,244
Multi-Family
0
Businesses
311
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Listed by: Caroline DuBose • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #622806