702 Calhoun StJohnstonSC29832
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 Johnston at 702 Calhoun St, Johnston, SC, 29832 priced at $189,000 pairs $1,517/mo rent with $288/mo cash flow after a $925/mo payment. Total monthly income equals $1,517/mo, and annual cash flow comes to $3,458/yr on $62,654 invested. Return on cash invested is 25.43% in year one, and rental yield stands at 9.63% on a $189,000 basis. Equity gained on principal adds $1,220/yr, and 5% annual appreciation accumulates to $52,217 by year five. Five-year ROI measures 132.92% and total cumulative return in cash reaches $83,278. For financing, Ziffy Mortgage’s DSCR program evaluates $1,517/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1905
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29832, Johnston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,457 (100%) |
| Owner Occupied HU | 1,550 (63.1%) |
| Renter Occupied HU | 601 (24.5%) |
| Vacant Housing Units | 306 (12.5%) |
| Median Home Value | $188,014 |
| Average Home Value | $257,682 |
Housing Distribution
Address Breakdown
Residential
2,007
Single Family
1,983
Multi-Family
24
Businesses
181
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Nearby investment properties with comparable prices
Listed by: Mary H Derrick • Derrick Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #597124
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC