698 Leagan DrBlacksburgSC29702
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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 Blacksburg at 698 Leagan Dr, Blacksburg, SC, 29702 offers $1,424/mo rent that, after a $1,282/mo payment. Total monthly income is $1,424/mo. Return on cash invested measures 18.04% in year one, and rental yield stands at 6.52% at a $262,000 entry. Equity gained on principal adds $1,691/yr while 5% annual appreciation compounds into $72,386 by year five. Five-year ROI records 92.51% and total cumulative return in cash reaches $80,349. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,424/mo property income versus a $1,282/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.92 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
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Listed by: Hoby Groves • Howard Hanna Allen Tate Rock Hill
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4269777