112 Pine RdLaurensSC29360
Nearby investment properties with comparable rents
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 Laurens at 112 Pine Rd, Laurens, SC, 29360 priced at $220,000 converts $1,181/mo rent into after a $1,077/mo obligation. Total monthly income equals $1,181/mo. Return on cash invested prints 12.69% in year one, and rental yield reads 6.44% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 65.7% and total cumulative return in cash sums $47,915. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,181/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29360, Laurens, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,872 (100%) |
| Owner Occupied HU | 5,955 (60.3%) |
| Renter Occupied HU | 2,803 (28.4%) |
| Vacant Housing Units | 1,114 (11.3%) |
| Median Home Value | $202,160 |
| Average Home Value | $228,123 |
Housing Distribution
Address Breakdown
Residential
9,097
Single Family
8,641
Multi-Family
456
Businesses
797
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsay McGee • McGee & Associates
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1544943
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.