606 King StCamdenSC29020
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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 Camden at 606 King St, Camden, SC, 29020 generates $1,860/mo in rent and, after a $1,067/mo payment, leaves $544/mo in cash flow. Total monthly income is $1,860/mo, and annual cash flow is $6,523/yr on $72,267 invested. Return on cash invested sits at 28.94% in year one, and rental yield is 10.24% on a $218,000 entry. Equity gained on principal adds $1,407/yr, while 5% annual appreciation builds toward $60,229 over five years. Five-year ROI reaches 151.05% and total cumulative return in cash sums $109,159. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
8,712 sqft 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: Erika Cline • NextHome Specialists
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #592963
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC