111 Walking Stick WayPelzerSC29669
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Nearby investment properties with comparable prices
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 Pelzer at 111 Walking Stick Way, Pelzer, SC, 29669 offers $2,267/mo rent that, after a $1,708/mo payment, leaves $190/mo cash flow. Total monthly income is $2,267/mo, and annual cash flow is $2,276/yr on $115,694 cash. Return on cash invested measures 21.88% in year one, and rental yield stands at 7.79% at a $349,000 entry. Equity gained on principal adds $2,252/yr while 5% annual appreciation compounds into $96,422 by year five. Five-year ROI records 113.07% and total cumulative return in cash reaches $130,812. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,267/mo property income versus a $1,708/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29669, Pelzer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,257 (100%) |
| Owner Occupied HU | 4,721 (75.5%) |
| Renter Occupied HU | 1,039 (16.6%) |
| Vacant Housing Units | 497 ( 7.9%) |
| Median Home Value | $297,049 |
| Average Home Value | $366,864 |
Housing Distribution
Address Breakdown
Residential
5,764
Single Family
5,764
Multi-Family
0
Businesses
247
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Listed by: Randal Longo • I Save Realty
Mls Name: WUMLS
Mls ID: #20295115