104 Arrowood LnLaurensSC29360
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
Rental property for sale in Laurens at 104 Arrowood Ln, Laurens, SC, 29360 priced at $349,000 converts $2,137/mo rent into $60/mo cash flow after a $1,708/mo obligation. Total monthly income equals $2,137/mo, and annual cash flow totals $716/yr on $115,694 invested. Return on cash invested prints 20.53% in year one, and rental yield reads 7.35% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 105.85% and total cumulative return in cash sums $122,460. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,137/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29360, Laurens, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,872 (100%) |
| Owner Occupied HU | 5,955 (60.3%) |
| Renter Occupied HU | 2,803 (28.4%) |
| Vacant Housing Units | 1,114 (11.3%) |
| Median Home Value | $202,160 |
| Average Home Value | $228,123 |
Housing Distribution
Address Breakdown
Residential
9,097
Single Family
8,641
Multi-Family
456
Businesses
797
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Whitney Ray • Real Broker, LLC
Mls Name: SAR
Mls Provider:
Mls ID: #319381
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.