406 McQueen StJohnstonSC29832
Nearby investment properties with comparable rents
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
Rental property for sale in Johnston at 406 McQueen St, Johnston, SC, 29832 offers $997/mo rent that, after a $636/mo payment, leaves $200/mo cash flow. Total monthly income is $997/mo, and annual cash flow is $2,404/yr on $43,095 cash. Return on cash invested measures 25.49% in year one, and rental yield stands at 9.2% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 132.75% and total cumulative return in cash reaches $57,207. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $997/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29832, Johnston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,457 (100%) |
| Owner Occupied HU | 1,550 (63.1%) |
| Renter Occupied HU | 601 (24.5%) |
| Vacant Housing Units | 306 (12.5%) |
| Median Home Value | $188,014 |
| Average Home Value | $257,682 |
Housing Distribution
Address Breakdown
Residential
2,007
Single Family
1,983
Multi-Family
24
Businesses
181
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Nearby investment properties with comparable prices
Listed by: Fritz Richards • Keller Williams Realty Aiken Partners
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #217856
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.