608 W Pine StBlacksburgSC29702
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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
Investment property for sale in Blacksburg at 608 W Pine St, Blacksburg, SC, 29702 uses $41,438 cash to close to unlock $2,961/yr annual cash flow and $247/mo monthly cash flow. Total monthly income runs $991/mo, and a $612/mo payment keeps the spread at $247/mo. Purchase price stands at $125,000, and rental yield measures 9.51% with $991/mo rent. Return on cash invested shows 27.05% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 140.9% and total cumulative return in cash records $58,385. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $991/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1930
2.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29702, Blacksburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,531 (100%) |
| Owner Occupied HU | 3,184 (70.3%) |
| Renter Occupied HU | 949 (20.9%) |
| Vacant Housing Units | 398 ( 8.8%) |
| Median Home Value | $174,119 |
| Average Home Value | $197,639 |
Housing Distribution
Address Breakdown
Residential
4,480
Single Family
4,478
Multi-Family
2
Businesses
285
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Listed by: Sharon Martin • Keller Williams Ballantyne Area
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4310036