507 Flat Rock StCloverSC29710
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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 Clover at 507 Flat Rock St, Clover, SC, 29710 offers $1,523/mo rent that, after a $978/mo payment, leaves $333/mo cash flow. Total monthly income is $1,523/mo, and annual cash flow is $4,001/yr on $66,267 cash. Return on cash invested measures 25.95% in year one, and rental yield stands at 9.14% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 134.95% and total cumulative return in cash reaches $89,425. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,523/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29710, Clover, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,559 (100%) |
| Owner Occupied HU | 14,168 (76.3%) |
| Renter Occupied HU | 3,409 (18.4%) |
| Vacant Housing Units | 982 ( 5.3%) |
| Median Home Value | $434,455 |
| Average Home Value | $479,171 |
Housing Distribution
Address Breakdown
Residential
17,336
Single Family
16,486
Multi-Family
850
Businesses
868
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Listed by: Marie Moss • Southern Nest Realty Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4283148