114 Mossburg RdChesneeSC29323
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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 Chesnee at 114 Mossburg Rd, Chesnee, SC, 29323 priced at $150,000 pairs $1,181/mo rent with $288/mo cash flow after a $734/mo payment. Total monthly income equals $1,181/mo, and annual cash flow comes to $3,459/yr on $49,725 invested. Return on cash invested is 26.87% in year one, and rental yield stands at 9.45% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 139.89% and total cumulative return in cash reaches $69,558. For financing, Ziffy Mortgage’s DSCR program evaluates $1,181/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2007
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29323, Chesnee, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,207 (100%) |
| Owner Occupied HU | 5,516 (76.5%) |
| Renter Occupied HU | 1,222 (17.0%) |
| Vacant Housing Units | 469 ( 6.5%) |
| Median Home Value | $241,571 |
| Average Home Value | $280,371 |
Housing Distribution
Address Breakdown
Residential
7,074
Single Family
7,074
Multi-Family
0
Businesses
251
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Listed by: Whitney L Ray • Real Broker, LLC
Mls Name: SAR
Mls ID: #332619