710 Airport RdNewberrySC29108
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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 Newberry at 710 Airport Rd, Newberry, SC, 29108 with 5% annual appreciation on a $330,000 basis while $2,552/mo rent supports operations. Total monthly income totals $2,552/mo and a $1,615/mo payment preserves $588/mo for cash returns. Annual cash flow comes to $7,053/yr on $109,395 deployed, and return on cash invested reaches 26.36% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,173 alongside rental yield of 9.28%. Five-year ROI measures 137.09% and total cumulative return in cash totals $149,975.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,552/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29108, Newberry, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,970 (100%) |
| Owner Occupied HU | 5,182 (57.8%) |
| Renter Occupied HU | 2,673 (29.8%) |
| Vacant Housing Units | 1,115 (12.4%) |
| Median Home Value | $161,590 |
| Average Home Value | $206,277 |
Housing Distribution
Address Breakdown
Residential
8,283
Single Family
8,009
Multi-Family
274
Businesses
897
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Listed by: Marquetta Cason • Bluefield Realty Group
Mls Name: Consolidated MLS
Mls ID: #624406