111 Owens Meadow CtPiedmontSC29673
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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 Piedmont at 111 Owens Meadow Ct, Piedmont, SC, 29673 priced at $159,000 pairs $1,578/mo rent with $632/mo cash flow after a $778/mo payment. Total monthly income equals $1,578/mo, and annual cash flow comes to $7,581/yr on $52,709 invested. Return on cash invested is 34.29% in year one, and rental yield stands at 11.91% on a $159,000 basis. Equity gained on principal adds $1,026/yr, and 5% annual appreciation accumulates to $43,929 by year five. Five-year ROI measures 179.67% and total cumulative return in cash reaches $94,704. For financing, Ziffy Mortgage’s DSCR program evaluates $1,578/mo property income against a $778/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1999
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29673, Piedmont, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,431 (100%) |
| Owner Occupied HU | 9,512 (70.8%) |
| Renter Occupied HU | 3,101 (23.1%) |
| Vacant Housing Units | 818 ( 6.1%) |
| Median Home Value | $277,568 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
13,462
Single Family
12,786
Multi-Family
676
Businesses
994
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Listed by: Terry Slater • Point South Properties, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1576568