395 Long Cane RdJohnstonSC29832
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
Rental property for sale in Johnston at 395 Long Cane Rd, Johnston, SC, 29832 priced at $165,000 converts $1,424/mo rent into $441/mo cash flow after a $808/mo obligation. Total monthly income equals $1,424/mo, and annual cash flow totals $5,297/yr on $54,698 invested. Return on cash invested prints 29.59% in year one, and rental yield reads 10.36% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 154.51% and total cumulative return in cash sums $84,515. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,424/mo property income covering a $808/mo payment, not borrower’s personal income.
Manufactured
Built in 2006
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29832, Johnston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,457 (100%) |
| Owner Occupied HU | 1,550 (63.1%) |
| Renter Occupied HU | 601 (24.5%) |
| Vacant Housing Units | 306 (12.5%) |
| Median Home Value | $188,014 |
| Average Home Value | $257,682 |
Housing Distribution
Address Breakdown
Residential
2,007
Single Family
1,983
Multi-Family
24
Businesses
181
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Nearby investment properties with comparable prices
Listed by: Cassidy Bedenbaugh • Century 21 803 Realty
Mls Name: Consolidated MLS
Mls ID: #625097