3376 Bayberry RdScrantonSC29591
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
Investment property for sale in Scranton at 3376 Bayberry Rd, Scranton, SC, 29591 uses $74,554 cash to close to unlock $8,652/yr annual cash flow and $721/mo monthly cash flow. Total monthly income runs $2,060/mo, and a $1,101/mo payment keeps the spread at $721/mo. Purchase price stands at $224,900, and rental yield measures 10.99% with $2,060/mo rent. Return on cash invested shows 31.51% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 164.76% and total cumulative return in cash records $122,833. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,060/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1940
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29591, Scranton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,170 (100%) |
| Owner Occupied HU | 1,378 (63.5%) |
| Renter Occupied HU | 489 (22.5%) |
| Vacant Housing Units | 303 (14.0%) |
| Median Home Value | $116,429 |
| Average Home Value | $144,820 |
Housing Distribution
Address Breakdown
Residential
1,945
Single Family
1,945
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jae Y Kim • EXIT Realty Unlimited LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #610935
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC