608 Brown AveBeltonSC29627
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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 Belton at 608 Brown Ave, Belton, SC, 29627 priced at $1,444,000 converts $5,018/mo rent into after a $7,068/mo obligation. Total monthly income equals $5,018/mo. Return on cash invested prints 11.19% in year one, and rental yield reads 4.17% against a $1,444,000 entry. Equity gained on principal adds $9,318/yr, while 5% annual appreciation compiles into $398,951 by year five. Five-year ROI reaches 55.68% and total cumulative return in cash sums $260,506. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,018/mo property income covering a $7,068/mo payment, not borrower’s personal income.
Single Family
Built in 2016
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29627, Belton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,533 (100%) |
| Owner Occupied HU | 6,309 (73.9%) |
| Renter Occupied HU | 1,545 (18.1%) |
| Vacant Housing Units | 679 ( 8.0%) |
| Median Home Value | $231,151 |
| Average Home Value | $296,921 |
Housing Distribution
Address Breakdown
Residential
8,109
Single Family
8,045
Multi-Family
64
Businesses
356
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Listed by: Kimberly Rhodes • Weichert Realtors - Shaun & Shari Group
Mls Name: WUMLS
Mls ID: #20294080