533 3rd StChesterSC29706
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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
Investment property for sale in Chester at 533 3rd St, Chester, SC, 29706 uses $64,643 cash to close to unlock $2,864/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $1,399/mo, and a $954/mo payment keeps the spread at $239/mo. Purchase price stands at $195,000, and rental yield measures 8.61% with $1,399/mo rent. Return on cash invested shows 24.34% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 126.3% and total cumulative return in cash records $81,646. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,399/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29706, Chester, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,796 (100%) |
| Owner Occupied HU | 5,818 (66.1%) |
| Renter Occupied HU | 2,017 (22.9%) |
| Vacant Housing Units | 961 (10.9%) |
| Median Home Value | $164,274 |
| Average Home Value | $217,998 |
Housing Distribution
Address Breakdown
Residential
8,258
Single Family
8,236
Multi-Family
22
Businesses
723
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Listed by: Matthew Moreira • COMPASS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4297880