59 Competition DrCamdenSC29020
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Nearby investment properties with comparable prices
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 Camden at 59 Competition Dr, Camden, SC, 29020 priced at $375,000 converts $2,790/mo rent into $558/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,790/mo, and annual cash flow totals $6,698/yr on $124,313 invested. Return on cash invested prints 25.3% in year one, and rental yield reads 8.93% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 131.46% and total cumulative return in cash sums $163,419. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,790/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29020, Camden, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,779 (100%) |
| Owner Occupied HU | 7,887 (67.0%) |
| Renter Occupied HU | 2,472 (21.0%) |
| Vacant Housing Units | 1,420 (12.1%) |
| Median Home Value | $247,889 |
| Average Home Value | $318,722 |
Housing Distribution
Address Breakdown
Residential
11,014
Single Family
10,535
Multi-Family
479
Businesses
898
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Listed by: Christina Walsh • F & E Realty LLC
Mls Name: Consolidated MLS
Mls ID: #615347