612 E Main StChesterfieldSC29709
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
Rental property for sale in Chesterfield at 612 E Main St, Chesterfield, SC, 29709 offers $1,026/mo rent that, after a $636/mo payment, leaves $252/mo cash flow. Total monthly income is $1,026/mo, and annual cash flow is $3,029/yr on $43,095 cash. Return on cash invested measures 26.94% in year one, and rental yield stands at 9.47% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 140.29% and total cumulative return in cash reaches $60,459. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,026/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29709, Chesterfield, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,006 (100%) |
| Owner Occupied HU | 2,040 (67.9%) |
| Renter Occupied HU | 465 (15.5%) |
| Vacant Housing Units | 501 (16.7%) |
| Median Home Value | $135,440 |
| Average Home Value | $173,831 |
Housing Distribution
Address Breakdown
Residential
2,703
Single Family
2,702
Multi-Family
1
Businesses
270
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Weaver • Exp Realty, Llc
Mls Name: Pee Dee Realtor Association
Mls ID: #20251393