49 Starboard Tack DrSalemSC29676
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 Salem at 49 Starboard Tack Dr, Salem, SC, 29676 priced at $446,000 pairs $3,137/mo rent with $482/mo cash flow after a $2,183/mo payment. Total monthly income equals $3,137/mo, and annual cash flow comes to $5,784/yr on $147,849 invested. Return on cash invested is 23.82% in year one, and rental yield stands at 8.44% on a $446,000 basis. Equity gained on principal adds $2,878/yr, and 5% annual appreciation accumulates to $123,222 by year five. Five-year ROI measures 123.5% and total cumulative return in cash reaches $182,590. For financing, Ziffy Mortgage’s DSCR program evaluates $3,137/mo property income against a $2,183/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29676, Salem, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,155 (100%) |
| Owner Occupied HU | 2,842 (68.4%) |
| Renter Occupied HU | 239 ( 5.8%) |
| Vacant Housing Units | 1,074 (25.8%) |
| Median Home Value | $648,244 |
| Average Home Value | $726,379 |
Housing Distribution
Address Breakdown
Residential
3,440
Single Family
3,252
Multi-Family
188
Businesses
121
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Listed by: Sorrel Hoover • Keller Williams Clemson
Mls Name: WUMLS
Mls ID: #20292509