113 Oak Knoll DrTownvilleSC29689
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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 113 Oak Knoll Dr, Townville, SC, 29689 uses $74,588 cash to close to unlock $2,819/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $1,574/mo, and a $1,101/mo payment keeps the spread at $235/mo. Purchase price stands at $225,000, and rental yield measures 8.39% with $1,574/mo rent. Return on cash invested shows 23.69% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 122.78% and total cumulative return in cash records $91,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,574/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
0.61 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: Nichole Zales • Meares Property Advisors
Mls Name: My State MLS
Mls ID: #11596634