510 Farmer StStarrSC29684
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 Starr at 510 Farmer St, Starr, SC, 29684 priced at $249,000 pairs $2,160/mo rent with $677/mo cash flow after a $1,219/mo payment. Total monthly income equals $2,160/mo, and annual cash flow comes to $8,130/yr on $82,544 invested. Return on cash invested is 29.76% in year one, and rental yield stands at 10.41% on a $249,000 basis. Equity gained on principal adds $1,607/yr, and 5% annual appreciation accumulates to $68,794 by year five. Five-year ROI measures 155.39% and total cumulative return in cash reaches $128,264. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $1,219/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
2.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29684, Starr, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,016 (100%) |
| Owner Occupied HU | 1,615 (80.1%) |
| Renter Occupied HU | 263 (13.0%) |
| Vacant Housing Units | 138 ( 6.8%) |
| Median Home Value | $233,496 |
| Average Home Value | $265,735 |
Housing Distribution
Address Breakdown
Residential
1,879
Single Family
1,879
Multi-Family
0
Businesses
78
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joel Fickes • Carolina Foothills Real Estate
Mls Name: WUMLS
Mls ID: #20296372