848 Grant DrProsperitySC29127
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 848 Grant Dr, Prosperity, SC, 29127 in Prosperity: $3,840/mo in rent, $1,108/mo net, 10.04% gross yield, all on a $459,000 acquisition. The 1.86 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $126,813 in value, and $4,227/yr in principal paydown steadily builds equity. Projected total cumulative return: $244,876.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.2% |
| Monthly Cash Flow | $1,108 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,840 |
| Total Monthly Debt Service | $2,550 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1989
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29127, Prosperity, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,528 (100%) |
| Owner Occupied HU | 3,774 (68.3%) |
| Renter Occupied HU | 496 ( 9.0%) |
| Vacant Housing Units | 1,258 (22.8%) |
| Median Home Value | $292,951 |
| Average Home Value | $377,778 |
Housing Distribution
Address Breakdown
Residential
4,741
Single Family
4,707
Multi-Family
34
Businesses
213
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
Manufactured
Built in 1989
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29127, Prosperity, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,528 (100%) |
| Owner Occupied HU | 3,774 (68.3%) |
| Renter Occupied HU | 496 ( 9.0%) |
| Vacant Housing Units | 1,258 (22.8%) |
| Median Home Value | $292,951 |
| Average Home Value | $377,778 |
Housing Distribution
Address Breakdown
Residential
4,741
Single Family
4,707
Multi-Family
34
Businesses
213
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Stout • Lake Murray Sales, LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #607382
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC