109 Carson DrHonea PathSC29684
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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 Honea Path at 109 Carson Dr, Honea Path, SC, 29684 offers a 9.42% rental yield on a $250,000 purchase with $1,963/mo rent. Total monthly income registers $1,963/mo, and a $1,224/mo payment leaves $474/mo available for distribution. Annual cash flow reaches $5,693/yr on $82,875 to close, and return on cash invested stands at 26.78% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 139.41% and total cumulative return in cash at $115,534. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,963/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29684, Starr, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,016 (100%) |
| Owner Occupied HU | 1,615 (80.1%) |
| Renter Occupied HU | 263 (13.0%) |
| Vacant Housing Units | 138 ( 6.8%) |
| Median Home Value | $233,496 |
| Average Home Value | $265,735 |
Housing Distribution
Address Breakdown
Residential
1,879
Single Family
1,879
Multi-Family
0
Businesses
78
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Listed by: Aubree Lewis • Keller Williams DRIVE
Mls Name: WUMLS
Mls ID: #20294528