6961 North RdNorthSC29112
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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 North at 6961 North Rd, North, SC, 29112 generates $1,024/mo in rent, after a $857/mo payment. Total monthly income is $1,024/mo. Return on cash invested sits at 19.22% in year one, and rental yield is 7.02% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 98.97% and total cumulative return in cash sums $57,415. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,024/mo property income rather than buyer’s personal income.
Manufactured
Built in 1997
16.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29112, North, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,195 (100%) |
| Owner Occupied HU | 1,494 (68.1%) |
| Renter Occupied HU | 345 (15.7%) |
| Vacant Housing Units | 356 (16.2%) |
| Median Home Value | $113,214 |
| Average Home Value | $177,620 |
Housing Distribution
Address Breakdown
Residential
1,785
Single Family
1,765
Multi-Family
20
Businesses
91
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Listed by: Roy Gossett • eXp Realty LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #611617
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC