62 Highway 102ChesterfieldSC29709
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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 Chesterfield at 62 Highway 102, Chesterfield, SC, 29709 generates $1,084/mo in rent and, after a $668/mo payment, leaves $272/mo in cash flow. Total monthly income is $1,084/mo, and annual cash flow is $3,258/yr on $45,250 invested. Return on cash invested sits at 27.11% in year one, and rental yield is 9.53% on a $136,500 entry. Equity gained on principal adds $881/yr, while 5% annual appreciation builds toward $37,712 over five years. Five-year ROI reaches 141.2% and total cumulative return in cash sums $63,891. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,084/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
1.18 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
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Listed by: Ann P Stubbs • Heart & Home Real Estate Group
Mls Name: Pee Dee Realtor Association
Mls ID: #20254684