604 Shady LnCayceSC29033
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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 Cayce at 604 Shady Ln, Cayce, SC, 29033 priced at $281,900 converts $2,390/mo rent into $712/mo cash flow after a $1,380/mo obligation. Total monthly income equals $2,390/mo, and annual cash flow totals $8,540/yr on $93,450 invested. Return on cash invested prints 29.05% in year one, and rental yield reads 10.17% against a $281,900 entry. Equity gained on principal adds $1,819/yr, while 5% annual appreciation compiles into $77,884 by year five. Five-year ROI reaches 151.56% and total cumulative return in cash sums $141,629. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,390/mo property income covering a $1,380/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29033, Cayce, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,291 (100%) |
| Owner Occupied HU | 3,578 (56.9%) |
| Renter Occupied HU | 2,120 (33.7%) |
| Vacant Housing Units | 593 ( 9.4%) |
| Median Home Value | $204,469 |
| Average Home Value | $270,334 |
Housing Distribution
Address Breakdown
Residential
6,398
Single Family
5,153
Multi-Family
1,245
Businesses
510
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