Charming Investment Opportunity in Johnston, SC – Guaranteed Rental Income!
Welcome to 107 Ripley St, Johnston, SC 29832 – a classic 4-bedroom, 2-bathroom home built in 1952, offering a perfect investment opportunity with reliable Section 8 guaranteed income of $1,250/month.
Situated on a spacious lot, this cozy home features:
Bedrooms: 4
Bathrooms: 2
Built: 1952
Roof: 15 years old, still in good condition.
A/C: Replaced just 2 years ago, providing efficient cooling.
Lease Status: Approximately 4 months left on the current lease.
Ownership: Free and clear, ready for a smooth transaction.
No HOA fees!
The property boasts solid potential for cash flow and value appreciation with an estimated ARV of $110K. Plus, the structure is well-maintained, with no known minor issues.
Perfect for investors looking for consistent rental income or a value-add opportunity.
Don’t miss out on this excellent investment! Contact us for more details or to schedule a showing.
For sale by owner
$65,000
107 Ripley St, Johnston, SC 29832
4beds
1,290sqft
Est.:
SingleFamily
Built in 1950
0.4 Acres Lot
$110,400 Zestimate®
$50/sqft
$-- HOA
Overview
What the owner loves about this home
What I love about this home is its excellent rental potential and reliable income stream. The property offers Section 8 guaranteed income of $1,000/month, making it a stable and hassle-free investment. The charming 1952 build gives it a classic feel, while recent updates like a new A/C system ensure comfort for tenants. Its location in Johnston, SC, provides a quiet, peaceful environment while still offering solid investment potential with an ARV of around $110K. With no HOA fees and a clean title, it's ready for a smooth transaction.
- 25 days
- on Zillow |
- 729 |
- 34 |
Listed by:
(281) 800-5984
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Interior area
- Total interior livable area: 1,290 sqft
Property
Features
- Exterior features: Stucco
Lot
- Size: 0.4 Acres
Details
- Parcel number: 1801201018000
Construction
Type & style
- Home type: SingleFamily
Materials
- Other
Condition
- New construction: No
- Year built: 1950
Community & HOA
Location
- Region: Johnston
Financial & listing details
- Price per square foot: $50/sqft
- Tax assessed value: $44,575
- Annual tax amount: $467
- Date on market: 3/31/2025
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