622 Shelter Bay RdgProsperitySC29127
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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 Prosperity at 622 Shelter Bay Rdg, Prosperity, SC, 29127 uses $115,992 cash to close to unlock $3,836/yr annual cash flow and $320/mo monthly cash flow. Total monthly income runs $2,403/mo, and a $1,713/mo payment keeps the spread at $320/mo. Purchase price stands at $349,900, and rental yield measures 8.24% with $2,403/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 120.26% and total cumulative return in cash records $139,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,403/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29127, Prosperity, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,528 (100%) |
| Owner Occupied HU | 3,774 (68.3%) |
| Renter Occupied HU | 496 ( 9.0%) |
| Vacant Housing Units | 1,258 (22.8%) |
| Median Home Value | $292,951 |
| Average Home Value | $377,778 |
Housing Distribution
Address Breakdown
Residential
4,741
Single Family
4,707
Multi-Family
34
Businesses
213
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Listed by: Donnie Canady • Southern Visions Realty I LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #604267
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC