338 Picard LoopSanteeSC29142
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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 338 Picard Loop, Santee, SC, 29142 generates $1,783/mo in rent and, after a $1,224/mo payment, leaves $294/mo in cash flow. Total monthly income is $1,783/mo, and annual cash flow is $3,533/yr on $82,875 invested. Return on cash invested sits at 24.17% in year one, and rental yield is 8.56% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 125.42% and total cumulative return in cash sums $103,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,783/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
3,920 sqft 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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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25030498