973 Twin Ponds RdNewberrySC29108
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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 Newberry at 973 Twin Ponds Rd, Newberry, SC, 29108 uses $56,355 cash to close to unlock $3,361/yr annual cash flow and $280/mo monthly cash flow. Total monthly income runs $1,292/mo, and a $832/mo payment keeps the spread at $280/mo. Purchase price stands at $170,000, and rental yield measures 9.12% with $1,292/mo rent. Return on cash invested shows 25.87% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 134.59% and total cumulative return in cash records $75,849. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,292/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 1992
1 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: Barry Koon • Lane Properties
Mls Name: Consolidated MLS
Mls ID: #598858