907 Morien StRichburgSC29729
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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 Richburg at 907 Morien St, Richburg, SC, 29729 uses $82,212 cash to close to unlock $6,978/yr annual cash flow and $582/mo monthly cash flow. Total monthly income runs $2,058/mo, and a $1,214/mo payment keeps the spread at $582/mo. Purchase price stands at $248,000, and rental yield measures 9.96% with $2,058/mo rent. Return on cash invested shows 28.4% in year one, and 5% annual appreciation builds toward $68,518 over five years. Five-year ROI reaches 148.09% and total cumulative return in cash records $121,746. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,058/mo property income covering a $1,214/mo payment rather than investor’s personal income.
Single Family
Built in 2023
0.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29729, Richburg, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,118 (100%) |
| Owner Occupied HU | 869 (77.7%) |
| Renter Occupied HU | 137 (12.3%) |
| Vacant Housing Units | 112 (10.0%) |
| Median Home Value | $176,431 |
| Average Home Value | $219,384 |
Housing Distribution
Address Breakdown
Residential
1,006
Single Family
1,006
Multi-Family
0
Businesses
148
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Listed by: Diana Lyash • LPT Realty, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4321750