556 6th 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
Rental property for sale in Chester at 556 6th St, Chester, SC, 29706 generates $1,004/mo in rent and, after a $636/mo payment, leaves $230/mo in cash flow. Total monthly income is $1,004/mo, and annual cash flow is $2,765/yr on $43,095 invested. Return on cash invested sits at 26.33% in year one, and rental yield is 9.27% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 137.01% and total cumulative return in cash sums $59,043. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,004/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.29 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: Kimberly Smart • Coldwell Banker Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4301255