106 Newkirk WayTravelers RestSC29690
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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
Rental property for sale in Travelers Rest at 106 Newkirk Way, Travelers Rest, SC, 29690 generates $3,155/mo in rent and, after a $2,335/mo payment, leaves $315/mo in cash flow. Total monthly income is $3,155/mo, and annual cash flow is $3,782/yr on $158,126 invested. Return on cash invested sits at 22.3% in year one, and rental yield is 7.94% on a $477,000 entry. Equity gained on principal adds $3,078/yr, while 5% annual appreciation builds toward $131,786 over five years. Five-year ROI reaches 115.37% and total cumulative return in cash sums $182,435. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,155/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29690, Travelers Rest, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,329 (100%) |
| Owner Occupied HU | 7,764 (75.2%) |
| Renter Occupied HU | 1,792 (17.3%) |
| Vacant Housing Units | 773 ( 7.5%) |
| Median Home Value | $381,494 |
| Average Home Value | $436,149 |
Housing Distribution
Address Breakdown
Residential
9,877
Single Family
9,650
Multi-Family
227
Businesses
812
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Listed by: Krista Frauenholtz • Real Broker, LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1570646
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.