713 Meadowbrook RdChesterSC29706
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 Chester at 713 Meadowbrook Rd, Chester, SC, 29706 priced at $189,000 pairs $1,868/mo rent with $743/mo cash flow after a $925/mo payment. Total monthly income equals $1,868/mo, and annual cash flow comes to $8,916/yr on $62,654 invested. Return on cash invested is 34.14% in year one, and rental yield stands at 11.86% 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 178.83% and total cumulative return in cash reaches $112,042. For financing, Ziffy Mortgage’s DSCR program evaluates $1,868/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29706, Chester, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,796 (100%) |
| Owner Occupied HU | 5,818 (66.1%) |
| Renter Occupied HU | 2,017 (22.9%) |
| Vacant Housing Units | 961 (10.9%) |
| Median Home Value | $164,274 |
| Average Home Value | $217,998 |
Housing Distribution
Address Breakdown
Residential
8,258
Single Family
8,236
Multi-Family
22
Businesses
723
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Listed by: Lynn Ruth • Berkshire Hathaway HomeServices Carolinas Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4296121