416 Pine Hill RdSt 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 St Matthews at 416 Pine Hill Rd, St Matthews, SC, 29135 offers $2,218/mo rent that, after a $1,615/mo payment, leaves $254/mo cash flow. Total monthly income is $2,218/mo, and annual cash flow is $3,046/yr on $109,362 cash. Return on cash invested measures 22.69% in year one, and rental yield stands at 8.07% at a $329,900 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,145 by year five. Five-year ROI records 117.47% and total cumulative return in cash reaches $128,463. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,218/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.70 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 • Olde Towne Realty, LLC
Mls Name: CTMLS
Mls ID: #25030702