285 Byrnes St

Denmark, SC 29042
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3 bd, 2 ba | 1,323 sqft | Built in 1963

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List Price
$150,000

Initial Investment

$40,875

Purchase Price

$150,000

Down Payment

25%

Rent

$890

Total Return

$33,868

Annualized Return

10.9%

Cap Rate

2.4%

Gross Yield

7.1%

Cash Flow

-$5,044

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

435

HOA

None

Flood Risk

Not Required

Welcome to this charming 3-bedroom, 2-bathroom ranch nestled on a spacious lot. Boasting timeless hardwood floors throughout, this home offers a warm and inviting ambiance from the moment you step inside. The open layout seamlessly connects the living, dining, and kitchen areas, perfect for both everyday living and entertaining guests.Outside, enjoy the beauty of nature in the expansive yard, offering plenty of space for outdoor activities and relaxation. A convenient carport provides shelter for vehicles, while additional storage space ensures organization and functionality.
Conveniently located in a desirable neighborhood, this home offers easy access to amenities, schools, parks, and more. Don't miss the opportunity to make this delightful ranch yours - schedule your showing today!

See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566

Annual Financial Highlights

Expected Rent

$10,146

Expenses

-$2,435

Property Taxes

-$4,600

Loan Payments

-$8,155

Net Cash Flow

-$5,044

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Patrick Ryan
Agent License 117237
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Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceCHS Regional MLS
MLS #24009669
Last Updated: 04/23/2024 22:04
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