530 Ole Simpson PlCatawbaSC29704
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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 Catawba at 530 Ole Simpson Pl, Catawba, SC, 29704 generates $2,940/mo in rent, after a $2,447/mo payment. Total monthly income is $2,940/mo. Return on cash invested sits at 19.65% in year one, and rental yield is 7.06% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 101.12% and total cumulative return in cash sums $167,612. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,940/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
3.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29704, Catawba, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,597 (100%) |
| Owner Occupied HU | 1,356 (84.9%) |
| Renter Occupied HU | 168 (10.5%) |
| Vacant Housing Units | 73 ( 4.6%) |
| Median Home Value | $322,980 |
| Average Home Value | $346,156 |
Housing Distribution
Address Breakdown
Residential
1,494
Single Family
1,494
Multi-Family
0
Businesses
51
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Listed by: Michael Henson • Helen Adams Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4329063