114 W 3rd StWilliamstonSC29697
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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 Williamston at 114 W 3rd St, Williamston, SC, 29697 priced at $202,500 converts $1,429/mo rent into $34/mo cash flow after a $991/mo obligation. Total monthly income equals $1,429/mo, and annual cash flow totals $404/yr on $67,129 invested. Return on cash invested prints 20.51% in year one, and rental yield reads 8.47% against a $202,500 entry. Equity gained on principal adds $1,307/yr, while 5% annual appreciation compiles into $55,947 by year five. Five-year ROI reaches 107.01% and total cumulative return in cash sums $71,833. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,429/mo property income covering a $991/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29697, Williamston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,552 (100%) |
| Owner Occupied HU | 4,221 (76.0%) |
| Renter Occupied HU | 1,005 (18.1%) |
| Vacant Housing Units | 326 ( 5.9%) |
| Median Home Value | $264,101 |
| Average Home Value | $317,126 |
Housing Distribution
Address Breakdown
Residential
5,341
Single Family
5,243
Multi-Family
98
Businesses
376
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Listed by: Marie Graziano • Open House Realty, LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1537219
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