400 Gary RdLattaSC29565
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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 Latta at 400 Gary Rd, Latta, SC, 29565 priced at $225,000 pairs $1,385/mo rent with $46/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,385/mo, and annual cash flow comes to $551/yr on $74,588 invested. Return on cash invested is 20.65% in year one, and rental yield stands at 7.39% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 106.49% and total cumulative return in cash reaches $79,425. For financing, Ziffy Mortgage’s DSCR program evaluates $1,385/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29565, Latta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 1,942 (66.1%) |
| Renter Occupied HU | 615 (20.9%) |
| Vacant Housing Units | 379 (12.9%) |
| Median Home Value | $107,826 |
| Average Home Value | $147,826 |
Housing Distribution
Address Breakdown
Residential
2,737
Single Family
2,677
Multi-Family
60
Businesses
163
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Listed by: Tamra Ward • Coldwell Banker Mcmillan And Associates
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20250254
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.