692 Wellington RdBarnwellSC29812
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 Barnwell at 692 Wellington Rd, Barnwell, SC, 29812 offers $1,952/mo rent that, after a $710/mo payment, leaves $1,089/mo cash flow. Total monthly income is $1,952/mo, and annual cash flow is $13,063/yr on $48,068 cash. Return on cash invested measures 47.08% in year one, and rental yield stands at 16.15% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 248.29% and total cumulative return in cash reaches $119,348. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,952/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1978
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29812, Barnwell, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,266 (100%) |
| Owner Occupied HU | 3,355 (63.7%) |
| Renter Occupied HU | 1,171 (22.2%) |
| Vacant Housing Units | 740 (14.1%) |
| Median Home Value | $119,497 |
| Average Home Value | $160,508 |
Housing Distribution
Address Breakdown
Residential
4,757
Single Family
4,702
Multi-Family
55
Businesses
453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caleb M Smith • Keller Williams Realty Aiken Partners
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #217952
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.