602 Louise DrBeech IslandSC29842
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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 Beech Island at 602 Louise Dr, Beech Island, SC, 29842 offers $1,344/mo rent that, after a $876/mo payment, leaves $279/mo cash flow. Total monthly income is $1,344/mo, and annual cash flow is $3,343/yr on $59,339 cash. Return on cash invested measures 25.54% in year one, and rental yield stands at 9.01% at a $179,000 entry. Equity gained on principal adds $1,155/yr while 5% annual appreciation compounds into $49,454 by year five. Five-year ROI records 132.77% and total cumulative return in cash reaches $78,783. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,344/mo property income versus a $876/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29842, Beech Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,891 (100%) |
| Owner Occupied HU | 2,781 (71.5%) |
| Renter Occupied HU | 777 (20.0%) |
| Vacant Housing Units | 333 ( 8.6%) |
| Median Home Value | $147,949 |
| Average Home Value | $213,999 |
Housing Distribution
Address Breakdown
Residential
3,580
Single Family
3,540
Multi-Family
40
Businesses
172
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Listed by: Daniel Demers • Sell Your Home Services
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #536996
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.