693 Russell StBatesburgSC29006
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 693 Russell St, Batesburg, SC, 29006 in Batesburg hard to pass up. The 12.57% gross yield on a $163,900 purchase results in $1,717/mo in rent and $742/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.33). Annual cash flow of $8,898, five-year appreciation of $45,283, and $1,510/yr in equity build-up combine for a projected total cumulative return of $109,704.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 6.2% |
| Monthly Cash Flow | $742 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,717 |
| Total Monthly Debt Service | $910 |
| DSCR Ratio | 1.89x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29006, Batesburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,746 (100%) |
| Owner Occupied HU | 3,235 (68.2%) |
| Renter Occupied HU | 914 (19.3%) |
| Vacant Housing Units | 597 (12.6%) |
| Median Home Value | $216,363 |
| Average Home Value | $252,767 |
Housing Distribution
Address Breakdown
Residential
4,244
Single Family
4,244
Multi-Family
0
Businesses
311
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
Single Family
Built in 1940
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29006, Batesburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,746 (100%) |
| Owner Occupied HU | 3,235 (68.2%) |
| Renter Occupied HU | 914 (19.3%) |
| Vacant Housing Units | 597 (12.6%) |
| Median Home Value | $216,363 |
| Average Home Value | $252,767 |
Housing Distribution
Address Breakdown
Residential
4,244
Single Family
4,244
Multi-Family
0
Businesses
311
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices