6415 Savannah HwyNeesesSC29107
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 Neeses at 6415 Savannah Hwy, Neeses, SC, 29107 priced at $234,999 converts $1,554/mo rent into $155/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,554/mo, and annual cash flow totals $1,864/yr on $77,902 invested. Return on cash invested prints 22.3% in year one, and rental yield reads 7.94% against a $234,999 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 115.4% and total cumulative return in cash sums $89,896. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,554/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 1929
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29107, Neeses, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,385 (100%) |
| Owner Occupied HU | 907 (65.5%) |
| Renter Occupied HU | 203 (14.7%) |
| Vacant Housing Units | 275 (19.9%) |
| Median Home Value | $73,367 |
| Average Home Value | $115,273 |
Housing Distribution
Address Breakdown
Residential
1,247
Single Family
1,247
Multi-Family
0
Businesses
63
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Listed by: Wykesha Hayes • Asset Realty Elite LLC
Mls Name: Consolidated MLS
Mls ID: #625481