1 Mitchell StHonea PathSC29654
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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 Honea Path at 1 Mitchell St, Honea Path, SC, 29654 earns $496/mo cash flow from $1,969/mo rent with a $1,211/mo payment. Total monthly income totals $1,969/mo, and annual cash flow totals $5,953/yr on $82,046 capital. ROI tracks 27.16% on current figures, and rental yield reads 9.55% at a $247,500 purchase. Equity gained on principal adds $1,597/yr, and 5% annual appreciation supports $68,380 over five years. Five-year ROI reaches 141.48% and total cumulative return in cash sums $116,081. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,969/mo property income instead of your personal income.
Single Family
Built in 1900
1.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29654, Honea Path, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,585 (100%) |
| Owner Occupied HU | 3,333 (72.7%) |
| Renter Occupied HU | 805 (17.6%) |
| Vacant Housing Units | 447 ( 9.7%) |
| Median Home Value | $196,450 |
| Average Home Value | $227,286 |
Housing Distribution
Address Breakdown
Residential
4,334
Single Family
4,334
Multi-Family
0
Businesses
243
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Listed by: Pam Clamp • American Dream Realty
Mls Name: Consolidated MLS
Mls ID: #620602