708 Pittmans Landing DrCross HillSC29332
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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
Investment property for sale in Cross Hill at 708 Pittmans Landing Dr, Cross Hill, SC, 29332 uses $74,588 cash to close to unlock $1,475/yr annual cash flow and $123/mo monthly cash flow. Total monthly income runs $1,462/mo, and a $1,101/mo payment keeps the spread at $123/mo. Purchase price stands at $225,000, and rental yield measures 7.8% with $1,462/mo rent. Return on cash invested shows 21.89% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 113.13% and total cumulative return in cash records $84,381. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,462/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29332, Cross Hill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,940 (100%) |
| Owner Occupied HU | 962 (49.6%) |
| Renter Occupied HU | 160 ( 8.2%) |
| Vacant Housing Units | 818 (42.2%) |
| Median Home Value | $202,924 |
| Average Home Value | $204,504 |
Housing Distribution
Address Breakdown
Residential
1,356
Single Family
1,356
Multi-Family
0
Businesses
39
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Listed by: Amy Mckitrick • Epique Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #593820
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC