680 Mullinax CirBlacksburgSC29702
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
Investment property for sale in Blacksburg at 680 Mullinax Cir, Blacksburg, SC, 29702 listed at $218,000 pairs $1,464/mo rent with a $1,067/mo payment to leave $166/mo cash flow. Total monthly income runs $1,464/mo, and annual cash flow reaches $1,995/yr on $72,267 cash to close. Return on cash invested measures 22.67% in year one, and rental yield registers 8.06% at a $218,000 basis. Equity gained on principal adds $1,407/yr, and annual property appreciation at 5% supports $60,229 by year five. Five-year ROI tracks 117.37% and total cumulative return in cash totals $84,823. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,464/mo property income relative to a $1,067/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29702, Blacksburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,531 (100%) |
| Owner Occupied HU | 3,184 (70.3%) |
| Renter Occupied HU | 949 (20.9%) |
| Vacant Housing Units | 398 ( 8.8%) |
| Median Home Value | $174,119 |
| Average Home Value | $197,639 |
Housing Distribution
Address Breakdown
Residential
4,480
Single Family
4,478
Multi-Family
2
Businesses
285
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Withers • Keller Williams Select
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4301205