885 Plum Branch RdSaludaSC29138
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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 Saluda at 885 Plum Branch Rd, Saluda, SC, 29138 listed at $158,999 pairs $1,572/mo rent with a $778/mo payment to leave $626/mo cash flow. Total monthly income runs $1,572/mo, and annual cash flow reaches $7,509/yr on $52,708 cash to close. Return on cash invested measures 34.15% in year one, and rental yield registers 11.86% at a $158,999 basis. Equity gained on principal adds $1,026/yr, and annual property appreciation at 5% supports $43,928 by year five. Five-year ROI tracks 178.95% and total cumulative return in cash totals $94,319. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,572/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2019
6.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29138, Saluda, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,560 (100%) |
| Owner Occupied HU | 2,876 (63.1%) |
| Renter Occupied HU | 1,086 (23.8%) |
| Vacant Housing Units | 598 (13.1%) |
| Median Home Value | $117,471 |
| Average Home Value | $186,982 |
Housing Distribution
Address Breakdown
Residential
4,141
Single Family
4,058
Multi-Family
83
Businesses
361
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Listed by: Denise Mikell • KAMDEN REALTY & ASSOCIATES INC
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #530913
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.