511 Boykin Road ExtCamdenSC29020
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 Camden at 511 Boykin Road Ext, Camden, SC, 29020 priced at $245,000 converts $1,954/mo rent into $496/mo cash flow after a $1,199/mo obligation. Total monthly income equals $1,954/mo, and annual cash flow totals $5,949/yr on $81,218 invested. Return on cash invested prints 27.23% in year one, and rental yield reads 9.57% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 141.8% and total cumulative return in cash sums $115,164. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,954/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1995
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29020, Camden, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,779 (100%) |
| Owner Occupied HU | 7,887 (67.0%) |
| Renter Occupied HU | 2,472 (21.0%) |
| Vacant Housing Units | 1,420 (12.1%) |
| Median Home Value | $247,889 |
| Average Home Value | $318,722 |
Housing Distribution
Address Breakdown
Residential
11,014
Single Family
10,535
Multi-Family
479
Businesses
898
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sheron Pace • Home & Land Pros LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #611881
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC