709 Daniel LnRichburgSC29729
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 Richburg at 709 Daniel Ln, Richburg, SC, 29729 offers $2,670/mo rent that, after a $1,468/mo payment, leaves $885/mo cash flow. Total monthly income is $2,670/mo, and annual cash flow is $10,614/yr on $99,450 cash. Return on cash invested measures 30.58% in year one, and rental yield stands at 10.68% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 159.77% and total cumulative return in cash reaches $158,892. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,670/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29729, Richburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,118 (100%) |
| Owner Occupied HU | 869 (77.7%) |
| Renter Occupied HU | 137 (12.3%) |
| Vacant Housing Units | 112 (10.0%) |
| Median Home Value | $176,431 |
| Average Home Value | $219,384 |
Housing Distribution
Address Breakdown
Residential
1,006
Single Family
1,006
Multi-Family
0
Businesses
148
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Listed by: Jessica Pegg • Keller Williams Ballantyne Area
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4332323