7146 Old State RdSaint matthewsSC29135
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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 Saint matthews at 7146 Old State Rd, Saint matthews, SC, 29135 generates $1,124/mo in rent, after a $1,909/mo payment. Total monthly income is $1,124/mo. Return on cash invested sits at 8.79% in year one, and rental yield is 3.46% on a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 42.93% and total cumulative return in cash sums $55,508. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,124/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
4.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29135, Saint Matthews, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,912 (100%) |
| Owner Occupied HU | 2,672 (68.3%) |
| Renter Occupied HU | 723 (18.5%) |
| Vacant Housing Units | 517 (13.2%) |
| Median Home Value | $152,329 |
| Average Home Value | $239,068 |
Housing Distribution
Address Breakdown
Residential
3,934
Single Family
3,894
Multi-Family
40
Businesses
287
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Listed by: Alton Aaron • Earth Properties, Inc.
Mls Name: Consolidated MLS
Mls ID: #616806