5368 Flat Creek RdHeath SpringsSC29058
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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 Heath Springs at 5368 Flat Creek Rd, Heath Springs, SC, 29058 generates $1,999/mo in rent, after a $2,447/mo payment. Total monthly income is $1,999/mo. Return on cash invested sits at 12.83% in year one, and rental yield is 4.8% 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 64.58% and total cumulative return in cash sums $107,048. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,999/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29058, Heath Springs, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,160 (100%) |
| Owner Occupied HU | 1,637 (75.8%) |
| Renter Occupied HU | 292 (13.5%) |
| Vacant Housing Units | 231 (10.7%) |
| Median Home Value | $186,484 |
| Average Home Value | $246,156 |
Housing Distribution
Address Breakdown
Residential
1,955
Single Family
1,955
Multi-Family
0
Businesses
96
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Listed by: Rachael Reynolds • Southern Properties Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331029