0 Ferngrove CtSenecaSC29672
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Seneca at 0 Ferngrove Ct, Seneca, SC, 29672 offers $7,991/mo rent that, after a $6,118/mo payment, leaves $550/mo cash flow. Total monthly income is $7,991/mo, and annual cash flow is $6,601/yr on $405,000 cash. Return on cash invested measures 22% in year one, and rental yield stands at 7.67% at a $1,250,000 entry. Equity gained on principal adds $8,066/yr while 5% annual appreciation compounds into $345,352 by year five. Five-year ROI records 113.65% and total cumulative return in cash reaches $460,273. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,991/mo property income versus a $6,118/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29672, Seneca, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,418 (100%) |
| Owner Occupied HU | 4,776 (64.4%) |
| Renter Occupied HU | 1,406 (19.0%) |
| Vacant Housing Units | 1,236 (16.7%) |
| Median Home Value | $579,159 |
| Average Home Value | $722,852 |
Housing Distribution
Address Breakdown
Residential
6,724
Single Family
6,624
Multi-Family
100
Businesses
240
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Hanlon • Real Local/Real Broker, LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1521728
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.