108 Meadowood DrEasleySC29640
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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 108 Meadowood Dr, Easley, SC, 29640 listed at $232,500 pairs $1,476/mo rent with a $1,138/mo payment to leave $92/mo cash flow. Total monthly income runs $1,476/mo, and annual cash flow reaches $1,103/yr on $77,074 cash to close. Return on cash invested measures 21.34% in year one, and rental yield registers 7.62% at a $232,500 basis. Equity gained on principal adds $1,500/yr, and annual property appreciation at 5% supports $64,235 by year five. Five-year ROI tracks 110.2% and total cumulative return in cash totals $84,936. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,476/mo property income relative to a $1,138/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29640, Easley, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,586 (100%) |
| Owner Occupied HU | 10,466 (67.2%) |
| Renter Occupied HU | 3,897 (25.0%) |
| Vacant Housing Units | 1,223 ( 7.8%) |
| Median Home Value | $251,960 |
| Average Home Value | $291,439 |
Housing Distribution
Address Breakdown
Residential
14,545
Single Family
14,205
Multi-Family
340
Businesses
1,049
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Listed by: Robert Christie • The Lentz Team
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1559615
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.