900 Michaelmas AveCayceSC29033
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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 Cayce at 900 Michaelmas Ave, Cayce, SC, 29033 offers a 7.21% rental yield on a $489,000 purchase with $2,937/mo rent. Total monthly income registers $2,937/mo, and a $2,393/mo payment leaves $26/mo available for distribution. Annual cash flow reaches $318/yr on $162,104 to close, and return on cash invested stands at 20.11% in year one. Equity gained on principal adds $3,155/yr while 5% annual appreciation supports $135,102 over five years. Portfolio math shows five-year ROI at 103.58% and total cumulative return in cash at $167,914. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,937/mo property income against a $2,393/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29033, Cayce, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,291 (100%) |
| Owner Occupied HU | 3,578 (56.9%) |
| Renter Occupied HU | 2,120 (33.7%) |
| Vacant Housing Units | 593 ( 9.4%) |
| Median Home Value | $204,469 |
| Average Home Value | $270,334 |
Housing Distribution
Address Breakdown
Residential
6,398
Single Family
5,153
Multi-Family
1,245
Businesses
510
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Listed by: Tracey Leaphart • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #623023