3290 Old State RdSanteeSC29142
Nearby investment properties with comparable rents
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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
Rental property for sale in Santee at 3290 Old State Rd, Santee, SC, 29142 offers $2,248/mo rent that, after a $3,524/mo payment. Total monthly income is $2,248/mo. Return on cash invested measures 9.65% in year one, and rental yield stands at 3.75% at a $720,000 entry. Equity gained on principal adds $4,646/yr while 5% annual appreciation compounds into $198,923 by year five. Five-year ROI records 47.53% and total cumulative return in cash reaches $112,591. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,248/mo property income versus a $3,524/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
94.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29142, Santee, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,387 (100%) |
| Owner Occupied HU | 1,586 (66.4%) |
| Renter Occupied HU | 335 (14.0%) |
| Vacant Housing Units | 466 (19.5%) |
| Median Home Value | $207,474 |
| Average Home Value | $249,786 |
Housing Distribution
Address Breakdown
Residential
2,135
Single Family
2,135
Multi-Family
0
Businesses
222
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Nearby investment properties with comparable prices
Listed by: C Douglas Leonard • Charis Real Estate Group
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #601450
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC