406 Butler StSaint MatthewsSC29135
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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 Saint Matthews at 406 Butler St, Saint Matthews, SC, 29135 generates $1,422/mo in rent and, after a $1,024/mo payment, leaves $176/mo in cash flow. Total monthly income is $1,422/mo, and annual cash flow is $2,118/yr on $69,383 invested. Return on cash invested sits at 22.96% in year one, and rental yield is 8.15% on a $209,300 entry. Equity gained on principal adds $1,351/yr, while 5% annual appreciation builds toward $57,826 over five years. Five-year ROI reaches 118.94% and total cumulative return in cash sums $82,524. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,422/mo property income rather than buyer’s personal income.
Multi Family
Built in 1969
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29135, Saint Matthews, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,912 (100%) |
| Owner Occupied HU | 2,672 (68.3%) |
| Renter Occupied HU | 723 (18.5%) |
| Vacant Housing Units | 517 (13.2%) |
| Median Home Value | $152,329 |
| Average Home Value | $239,068 |
Housing Distribution
Address Breakdown
Residential
3,934
Single Family
3,894
Multi-Family
40
Businesses
287
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Listed by: N/A • Synergy Group Properties
Mls Name: CTMLS
Mls ID: #25030491