1103 Cherokee RdTownvilleSC29689
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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 Townville at 1103 Cherokee Rd, Townville, SC, 29689 offers a 4.92% rental yield on a $724,900 purchase with $2,975/mo rent. 32% in year one. Equity gained on principal adds $4,678/yr while 5% annual appreciation supports $200,277 over five years. Portfolio math shows five-year ROI at 67.14% and total cumulative return in cash at $160,125. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,975/mo property income against a $3,548/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29689, Townville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,843 (100%) |
| Owner Occupied HU | 1,855 (65.2%) |
| Renter Occupied HU | 264 ( 9.3%) |
| Vacant Housing Units | 724 (25.5%) |
| Median Home Value | $419,349 |
| Average Home Value | $491,116 |
Housing Distribution
Address Breakdown
Residential
2,523
Single Family
2,523
Multi-Family
0
Businesses
78
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Listed by: Gia Townsley • BHHS C Dan Joyner - Anderson
Mls Name: WUMLS
Mls ID: #20293174