398 Kennedy RdFairfaxSC29827
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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 Fairfax at 398 Kennedy Rd, Fairfax, SC, 29827 generates $825/mo in rent and, after a $538/mo payment, leaves $171/mo in cash flow. Total monthly income is $825/mo, and annual cash flow is $2,047/yr on $36,465 invested. Return on cash invested sits at 25.52% in year one, and rental yield is 9% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 132.72% and total cumulative return in cash sums $48,396. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $825/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29827, Fairfax, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,497 (100%) |
| Owner Occupied HU | 828 (55.3%) |
| Renter Occupied HU | 379 (25.3%) |
| Vacant Housing Units | 290 (19.4%) |
| Median Home Value | $81,973 |
| Average Home Value | $105,447 |
Housing Distribution
Address Breakdown
Residential
950
Single Family
950
Multi-Family
0
Businesses
98
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Listed by: Tasha Smith • Carolina Realty of the Lowctry
Mls Name: Lowcountry Regional MLS
Mls ID: #191981