107 Southridge CtEasleySC29642
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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 Easley at 107 Southridge Ct, Easley, SC, 29642 offers a 9.71% rental yield on a $213,500 purchase with $1,728/mo rent. Total monthly income registers $1,728/mo, and a $1,045/mo payment leaves $344/mo available for distribution. Annual cash flow reaches $4,127/yr on $70,775 to close, and return on cash invested stands at 25.74% in year one. Equity gained on principal adds $1,378/yr while 5% annual appreciation supports $58,986 over five years. Portfolio math shows five-year ROI at 134.49% and total cumulative return in cash at $95,182. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,728/mo property income against a $1,045/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29642, Easley, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,377 (100%) |
| Owner Occupied HU | 12,089 (78.6%) |
| Renter Occupied HU | 2,460 (16.0%) |
| Vacant Housing Units | 828 ( 5.4%) |
| Median Home Value | $294,353 |
| Average Home Value | $333,714 |
Housing Distribution
Address Breakdown
Residential
15,301
Single Family
14,406
Multi-Family
895
Businesses
424
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Listed by: Joel Fickes • Carolina Foothills Real Estate
Mls Name: WUMLS
Mls Provider:
Mls ID: #20282284
Disclaimer: The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS, Inc. and the Western Upstate Multiple Listing Service, Inc This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Western Upstate Association of REALTORS, Inc. and Western Upstate Multiple Listing Service of South Carolina, Inc. for use by its members and is not intended for the use for any other purpose.