891 Shelor Ferry RdFair PlaySC29643
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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 Fair Play at 891 Shelor Ferry Rd, Fair Play, SC, 29643 priced at $449,999 converts $2,092/mo rent into after a $2,203/mo obligation. Total monthly income equals $2,092/mo. Return on cash invested prints 15.18% in year one, and rental yield reads 5.58% against a $449,999 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,326 by year five. Five-year ROI reaches 77.2% and total cumulative return in cash sums $115,157. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,092/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Manufactured
Built in 1982
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29643, Fair Play, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,152 (100%) |
| Owner Occupied HU | 1,249 (58.0%) |
| Renter Occupied HU | 186 ( 8.6%) |
| Vacant Housing Units | 717 (33.3%) |
| Median Home Value | $375,427 |
| Average Home Value | $425,562 |
Housing Distribution
Address Breakdown
Residential
1,687
Single Family
1,653
Multi-Family
34
Businesses
107
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Listed by: MICHELLE BAUCOM • Keller Williams Realty
Mls Name: SAR
Mls ID: #320720