603 Boundary StNewberrySC29108
Nearby investment properties with comparable rents
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
Investment property for sale in Newberry at 603 Boundary St, Newberry, SC, 29108 at $499,999 posts ROI 14.64% with from $2,248/mo rent. Total monthly income equals $2,248/mo. Return on cash invested measures 14.64% and rental yield reads 5.4% at the current $499,999. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 by year five. Five-year ROI prints 74.26% and total cumulative return in cash totals $123,079. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,248/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29108, Newberry, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,970 (100%) |
| Owner Occupied HU | 5,182 (57.8%) |
| Renter Occupied HU | 2,673 (29.8%) |
| Vacant Housing Units | 1,115 (12.4%) |
| Median Home Value | $161,590 |
| Average Home Value | $206,277 |
Housing Distribution
Address Breakdown
Residential
8,283
Single Family
8,009
Multi-Family
274
Businesses
897
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Nearby investment properties with comparable prices
Listed by: Jessica L Nelson • Redfin Corporation
Mls Name: Consolidated MLS
Mls ID: #613176