358 Lake Breeze RdCross HillSC29332
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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 Cross Hill at 358 Lake Breeze Rd, Cross Hill, SC, 29332 offers $1,394/mo rent that, after a $1,958/mo payment. Total monthly income is $1,394/mo. Return on cash invested measures 6.76% in year one, and rental yield stands at 4.18% at a $400,000 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,513 by year five. Five-year ROI records 33.59% and total cumulative return in cash reaches $44,536. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,394/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29332, Cross Hill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,940 (100%) |
| Owner Occupied HU | 962 (49.6%) |
| Renter Occupied HU | 160 ( 8.2%) |
| Vacant Housing Units | 818 (42.2%) |
| Median Home Value | $202,924 |
| Average Home Value | $204,504 |
Housing Distribution
Address Breakdown
Residential
1,356
Single Family
1,356
Multi-Family
0
Businesses
39
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Listed by: Tonya Wiley • Wiley Real Estate LLC
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #132844
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.