101 Long View LnPickensSC29671
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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 Pickens at 101 Long View Ln, Pickens, SC, 29671 uses $162,402 cash to close to unlock $9,414/yr annual cash flow and $785/mo monthly cash flow. Total monthly income runs $3,701/mo, and a $2,398/mo payment keeps the spread at $785/mo. Purchase price stands at $489,900, and rental yield measures 9.07% with $3,701/mo rent. Return on cash invested shows 25.71% in year one, and 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 133.63% and total cumulative return in cash records $217,013. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,701/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 1992
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29671, Pickens, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,804 (100%) |
| Owner Occupied HU | 6,427 (73.0%) |
| Renter Occupied HU | 1,403 (15.9%) |
| Vacant Housing Units | 974 (11.1%) |
| Median Home Value | $240,850 |
| Average Home Value | $280,779 |
Housing Distribution
Address Breakdown
Residential
8,188
Single Family
8,185
Multi-Family
3
Businesses
594
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Listed by: Melody Bell & Associates • Western Upstate Keller William
Mls Name: WUMLS
Mls ID: #20288246