312 Piney Grove RdCrossSC29436
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 Cross at 312 Piney Grove Rd, Cross, SC, 29436 offers $4,112/mo rent that, after a $2,692/mo payment, leaves $838/mo cash flow. Total monthly income is $4,112/mo, and annual cash flow is $10,055/yr on $180,950 cash. Return on cash invested measures 25.62% in year one, and rental yield stands at 8.97% at a $550,000 entry. Equity gained on principal adds $3,549/yr while 5% annual appreciation compounds into $151,955 by year five. Five-year ROI records 133.1% and total cumulative return in cash reaches $240,850. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,112/mo property income versus a $2,692/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
7.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29436, Cross, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,397 (100%) |
| Owner Occupied HU | 1,620 (67.6%) |
| Renter Occupied HU | 304 (12.7%) |
| Vacant Housing Units | 473 (19.7%) |
| Median Home Value | $157,917 |
| Average Home Value | $225,832 |
Housing Distribution
Address Breakdown
Residential
1,951
Single Family
1,951
Multi-Family
0
Businesses
67
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25012656