550 Old Shoals RdMonettaSC29105
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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 Monetta at 550 Old Shoals Rd, Monetta, SC, 29105 offers a 7.18% rental yield on a $475,000 purchase with $2,843/mo rent. Total monthly income registers $2,843/mo, and a $2,325/mo payment leaves $15/mo available for distribution. Annual cash flow reaches $184/yr on $157,463 to close, and return on cash invested stands at 20.03% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 103.17% and total cumulative return in cash at $162,451. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,843/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
13.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29105, Monetta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 727 (100%) |
| Owner Occupied HU | 491 (67.5%) |
| Renter Occupied HU | 144 (19.8%) |
| Vacant Housing Units | 92 (12.7%) |
| Median Home Value | $510,417 |
| Average Home Value | $484,705 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
587
Multi-Family
0
Businesses
28
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Listed by: Sharon Eargle • Caughman Realty
Mls Name: Consolidated MLS
Mls ID: #624783