402 Laurel And Hardy Lake RdMariettaSC29661
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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
Investment property for sale in Marietta at 402 Laurel And Hardy Lake Rd, Marietta, SC, 29661 uses $59,670 cash to close to unlock $2,778/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $1,303/mo, and a $881/mo payment keeps the spread at $232/mo. Purchase price stands at $180,000, and rental yield measures 8.69% with $1,303/mo rent. Return on cash invested shows 24.56% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 127.55% and total cumulative return in cash records $76,109. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,303/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29661, Marietta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,944 (100%) |
| Owner Occupied HU | 2,135 (72.5%) |
| Renter Occupied HU | 403 (13.7%) |
| Vacant Housing Units | 406 (13.8%) |
| Median Home Value | $263,435 |
| Average Home Value | $377,427 |
Housing Distribution
Address Breakdown
Residential
2,531
Single Family
2,531
Multi-Family
0
Businesses
112
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Listed by: James Akers • Akers and Associates
Mls Name: WUMLS
Mls ID: #20295532