912 Carver StNewberrySC29108
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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 Newberry at 912 Carver St, Newberry, SC, 29108 offers $1,454/mo rent that, after a $979/mo payment, leaves $263/mo cash flow. Total monthly income is $1,454/mo, and annual cash flow is $3,160/yr on $66,300 cash. Return on cash invested measures 24.68% in year one, and rental yield stands at 8.72% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 128.14% and total cumulative return in cash reaches $84,956. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,454/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29108, Newberry, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,970 (100%) |
| Owner Occupied HU | 5,182 (57.8%) |
| Renter Occupied HU | 2,673 (29.8%) |
| Vacant Housing Units | 1,115 (12.4%) |
| Median Home Value | $161,590 |
| Average Home Value | $206,277 |
Housing Distribution
Address Breakdown
Residential
8,283
Single Family
8,009
Multi-Family
274
Businesses
897
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Listed by: Mauricio Garcia • Elite Properties Realty, LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #598760
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC