708 Long Iron LnBlythewoodSC29016
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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 Blythewood at 708 Long Iron Ln, Blythewood, SC, 29016 generates $2,570/mo in rent and, after a $1,616/mo payment, leaves $560/mo in cash flow. Total monthly income is $2,570/mo, and annual cash flow is $6,714/yr on $109,461 invested. Return on cash invested sits at 26.04% in year one, and rental yield is 9.34% on a $330,200 entry. Equity gained on principal adds $2,131/yr, while 5% annual appreciation builds toward $91,228 over five years. Five-year ROI reaches 135.61% and total cumulative return in cash sums $148,441. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,570/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
6,534 sqft lot
$N/A/sqft
$45 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29016, Blythewood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,159 (100%) |
| Owner Occupied HU | 9,061 (81.2%) |
| Renter Occupied HU | 1,461 (13.1%) |
| Vacant Housing Units | 637 ( 5.7%) |
| Median Home Value | $346,201 |
| Average Home Value | $366,042 |
Housing Distribution
Address Breakdown
Residential
11,615
Single Family
10,265
Multi-Family
1,350
Businesses
453
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