1021 Old Bethlehem School RdPickensSC29671
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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 1021 Old Bethlehem School Rd, Pickens, SC, 29671 offers a 7.27% rental yield on a $454,499 purchase with $2,752/mo rent. Total monthly income registers $2,752/mo, and a $2,225/mo payment leaves $46/mo available for distribution. Annual cash flow reaches $552/yr on $150,666 to close, and return on cash invested stands at 20.28% in year one. Equity gained on principal adds $2,933/yr while 5% annual appreciation supports $125,570 over five years. Portfolio math shows five-year ROI at 104.48% and total cumulative return in cash at $157,418. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,752/mo property income against a $2,225/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.74 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: Francine Powers • Southern Real Estate & Development
Mls Name: WUMLS
Mls ID: #20294842