342 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
Investment property for sale in Santee at 342 Picard Loop, Santee, SC, 29142 offers a 8.42% rental yield on a $255,975 purchase with $1,796/mo rent. Total monthly income registers $1,796/mo, and a $1,253/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,265/yr on $84,856 to close, and return on cash invested stands at 23.76% in year one. Equity gained on principal adds $1,652/yr while 5% annual appreciation supports $70,721 over five years. Portfolio math shows five-year ROI at 123.22% and total cumulative return in cash at $104,558. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,796/mo property income against a $1,253/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
435.60 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: #25024642