644 Boyd Faile RdHeath SpringsSC29058
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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 Heath Springs at 644 Boyd Faile Rd, Heath Springs, SC, 29058 offers $2,136/mo rent that, after a $1,904/mo payment. Total monthly income is $2,136/mo. Return on cash invested measures 18.24% in year one, and rental yield stands at 6.59% at a $389,000 entry. Equity gained on principal adds $2,510/yr while 5% annual appreciation compounds into $107,474 by year five. Five-year ROI records 93.58% and total cumulative return in cash reaches $120,678. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,136/mo property income versus a $1,904/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
2.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29058, Heath Springs, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,160 (100%) |
| Owner Occupied HU | 1,637 (75.8%) |
| Renter Occupied HU | 292 (13.5%) |
| Vacant Housing Units | 231 (10.7%) |
| Median Home Value | $186,484 |
| Average Home Value | $246,156 |
Housing Distribution
Address Breakdown
Residential
1,955
Single Family
1,955
Multi-Family
0
Businesses
96
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Listed by: Heather Knight • Southern Properties Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327745