9 Competition DrCamdenSC29020
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 Camden at 9 Competition Dr, Camden, SC, 29020 priced at $318,000 converts $2,237/mo rent into $344/mo cash flow after a $1,556/mo obligation. Total monthly income equals $2,237/mo, and annual cash flow totals $4,133/yr on $105,417 invested. Return on cash invested prints 23.83% in year one, and rental yield reads 8.44% against a $318,000 entry. Equity gained on principal adds $2,052/yr, while 5% annual appreciation compiles into $87,858 by year five. Five-year ROI reaches 123.57% and total cumulative return in cash sums $130,259. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,237/mo property income covering a $1,556/mo payment, not borrower’s personal income.
Single Family
Built in 2017
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29020, Camden, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,779 (100%) |
| Owner Occupied HU | 7,887 (67.0%) |
| Renter Occupied HU | 2,472 (21.0%) |
| Vacant Housing Units | 1,420 (12.1%) |
| Median Home Value | $247,889 |
| Average Home Value | $318,722 |
Housing Distribution
Address Breakdown
Residential
11,014
Single Family
10,535
Multi-Family
479
Businesses
898
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Listed by: Bob Brown • Palmetto Elite Realty LLC
Mls Name: Consolidated MLS
Mls ID: #604213