307 Laurens StJoannaSC29351
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 Joanna at 307 Laurens St, Joanna, SC, 29351 priced at $130,000 pairs $1,029/mo rent with $255/mo cash flow after a $636/mo payment. Total monthly income equals $1,029/mo, and annual cash flow comes to $3,065/yr on $43,095 invested. Return on cash invested is 27.02% in year one, and rental yield stands at 9.5% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 140.74% and total cumulative return in cash reaches $60,651. For financing, Ziffy Mortgage’s DSCR program evaluates $1,029/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
1,093 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29351, Joanna, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 785 (100%) |
| Owner Occupied HU | 509 (64.8%) |
| Renter Occupied HU | 157 (20.0%) |
| Vacant Housing Units | 119 (15.2%) |
| Median Home Value | $154,167 |
| Average Home Value | $220,157 |
Housing Distribution
Address Breakdown
Residential
639
Single Family
639
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A