3497 Stoneboro RdHeath SpringsSC29058
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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 Heath Springs at 3497 Stoneboro Rd, Heath Springs, SC, 29058 generates $2,071/mo in rent, after a $2,814/mo payment. Total monthly income is $2,071/mo. Return on cash invested sits at 11.49% in year one, and rental yield is 4.32% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 57.34% and total cumulative return in cash sums $108,479. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,071/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29058, Heath Springs, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,160 (100%) |
| Owner Occupied HU | 1,637 (75.8%) |
| Renter Occupied HU | 292 (13.5%) |
| Vacant Housing Units | 231 (10.7%) |
| Median Home Value | $186,484 |
| Average Home Value | $246,156 |
Housing Distribution
Address Breakdown
Residential
1,955
Single Family
1,955
Multi-Family
0
Businesses
96
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Listed by: Morgan Overcash • Allen Tate Rock Hill
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4189205
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-24 10:55:15 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)