Spruce Plan, SomersetSanteeSC29142
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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 Santee at Spruce Plan, Somerset, Santee, SC, 29142 uses $84,198 cash to close to unlock $2,282/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $1,702/mo, and a $1,243/mo payment keeps the spread at $190/mo. Purchase price stands at $253,990, and rental yield measures 8.04% with $1,702/mo rent. Return on cash invested shows 22.62% in year one, and 5% annual appreciation builds toward $70,173 over five years. Five-year ROI reaches 117.11% and total cumulative return in cash records $98,607. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,702/mo property income covering a $1,243/mo payment rather than investor’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29142, Santee, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,387 (100%) |
| Owner Occupied HU | 1,586 (66.4%) |
| Renter Occupied HU | 335 (14.0%) |
| Vacant Housing Units | 466 (19.5%) |
| Median Home Value | $207,474 |
| Average Home Value | $249,786 |
Housing Distribution
Address Breakdown
Residential
2,135
Single Family
2,135
Multi-Family
0
Businesses
222
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Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A