487 S Boundary StBlackvilleSC29817
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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 Blackville at 487 S Boundary St, Blackville, SC, 29817 priced at $130,000 converts $1,262/mo rent into $472/mo cash flow after a $636/mo obligation. Total monthly income equals $1,262/mo, and annual cash flow totals $5,666/yr on $43,095 invested. Return on cash invested prints 33.06% in year one, and rental yield reads 11.65% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 173.29% and total cumulative return in cash sums $74,679. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,262/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1924
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29817, Blackville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,010 (100%) |
| Owner Occupied HU | 1,197 (59.6%) |
| Renter Occupied HU | 483 (24.0%) |
| Vacant Housing Units | 330 (16.4%) |
| Median Home Value | $86,235 |
| Average Home Value | $125,025 |
Housing Distribution
Address Breakdown
Residential
1,748
Single Family
1,748
Multi-Family
0
Businesses
110
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Listed by: Andra Armstrong • Meybohm Real Estate
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606386
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC