575 Horses Neck RdSwanseaSC29160
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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 Swansea at 575 Horses Neck Rd, Swansea, SC, 29160 offers $1,286/mo rent that, after a $7,097/mo payment. Total monthly income is $1,286/mo. Return on cash invested measures 0.63% in year one, and rental yield stands at 1.06% at a $1,450,000 entry. Equity gained on principal adds $9,357/yr while 5% annual appreciation compounds into $400,608 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,286/mo property income versus a $7,097/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
98.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29160, Swansea, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,889 (100%) |
| Owner Occupied HU | 2,879 (74.0%) |
| Renter Occupied HU | 520 (13.4%) |
| Vacant Housing Units | 490 (12.6%) |
| Median Home Value | $186,855 |
| Average Home Value | $256,533 |
Housing Distribution
Address Breakdown
Residential
3,566
Single Family
3,566
Multi-Family
0
Businesses
162
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Listed by: Heather Shuler • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606951
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC