111 Sherwood RdEasleySC29640
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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 Easley at 111 Sherwood Rd, Easley, SC, 29640 generates $2,364/mo in rent and, after a $1,492/mo payment, leaves $549/mo in cash flow. Total monthly income is $2,364/mo, and annual cash flow is $6,592/yr on $101,074 invested. Return on cash invested sits at 26.43% in year one, and rental yield is 9.3% on a $304,900 entry. Equity gained on principal adds $1,967/yr, while 5% annual appreciation builds toward $84,238 over five years. Five-year ROI reaches 137.53% and total cumulative return in cash sums $139,010. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,364/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
8,276 sqft 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: Nick Sollame • Carriage House Realty By Nick
Mls Name: Greater Greenville AOR
Mls ID: #1572848