102 E Bay CtMauldinSC29662
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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 Mauldin at 102 E Bay Ct, Mauldin, SC, 29662 uses $69,582 cash to close to unlock $5,386/yr annual cash flow and $449/mo monthly cash flow. Total monthly income runs $1,698/mo, and a $1,027/mo payment keeps the spread at $449/mo. Purchase price stands at $209,900, and rental yield measures 9.71% with $1,698/mo rent. Return on cash invested shows 27.65% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 144.03% and total cumulative return in cash records $100,220. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,698/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Townhouse
Built in 1983
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29662, Mauldin, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,928 (100%) |
| Owner Occupied HU | 4,109 (59.3%) |
| Renter Occupied HU | 2,419 (34.9%) |
| Vacant Housing Units | 400 ( 5.8%) |
| Median Home Value | $275,310 |
| Average Home Value | $318,558 |
Housing Distribution
Address Breakdown
Residential
7,058
Single Family
5,612
Multi-Family
1,446
Businesses
774
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Listed by: Kelly Kommel • Rawls Realty. Inc.
Mls Name: Greater Greenville AOR
Mls ID: #1564809