10 Spring StPelzerSC29669
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
Investment property for sale in Pelzer at 10 Spring St, Pelzer, SC, 29669 with 5% annual appreciation on a $220,000 basis while $1,372/mo rent supports operations. Total monthly income totals $1,372/mo and a $1,077/mo payment preserves $15/mo for cash returns. Annual cash flow comes to $185/yr on $72,930 deployed, and return on cash invested reaches 20.16% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 7.48%. Five-year ROI measures 104.2% and total cumulative return in cash totals $75,995.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,372/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29669, Pelzer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,257 (100%) |
| Owner Occupied HU | 4,721 (75.5%) |
| Renter Occupied HU | 1,039 (16.6%) |
| Vacant Housing Units | 497 ( 7.9%) |
| Median Home Value | $297,049 |
| Average Home Value | $366,864 |
Housing Distribution
Address Breakdown
Residential
5,764
Single Family
5,764
Multi-Family
0
Businesses
247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Spearman • North Group Real Estate
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1564777
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.