405 Pickens StJoannaSC29351
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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
Investment property for sale in Joanna at 405 Pickens St, Joanna, SC, 29351 listed at $146,900 pairs $1,189/mo rent with a $719/mo payment to leave $315/mo cash flow. Total monthly income runs $1,189/mo, and annual cash flow reaches $3,774/yr on $48,697 cash to close. Return on cash invested measures 27.66% in year one, and rental yield registers 9.71% at a $146,900 basis. Equity gained on principal adds $948/yr, and annual property appreciation at 5% supports $40,586 by year five. Five-year ROI tracks 144.14% and total cumulative return in cash totals $70,193. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,189/mo property income relative to a $719/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29351, Joanna, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 785 (100%) |
| Owner Occupied HU | 509 (64.8%) |
| Renter Occupied HU | 157 (20.0%) |
| Vacant Housing Units | 119 (15.2%) |
| Median Home Value | $154,167 |
| Average Home Value | $220,157 |
Housing Distribution
Address Breakdown
Residential
639
Single Family
639
Multi-Family
0
Businesses
43
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Listed by: Bradley Sikes • Meybohm Real Estate - Augusta
Mls Name: Aiken MLS
Mls ID: #221177