115 Mountain Lake DrPiedmontSC29673
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 Piedmont at 115 Mountain Lake Dr, Piedmont, SC, 29673 offers $2,434/mo rent that, after a $2,398/mo payment. Total monthly income is $2,434/mo. Return on cash invested measures 16.34% in year one, and rental yield stands at 5.96% at a $489,900 entry. Equity gained on principal adds $3,161/yr while 5% annual appreciation compounds into $135,350 by year five. Five-year ROI records 83.42% and total cumulative return in cash reaches $135,473. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,434/mo property income versus a $2,398/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29673, Piedmont, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,431 (100%) |
| Owner Occupied HU | 9,512 (70.8%) |
| Renter Occupied HU | 3,101 (23.1%) |
| Vacant Housing Units | 818 ( 6.1%) |
| Median Home Value | $277,568 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
13,462
Single Family
12,786
Multi-Family
676
Businesses
994
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Listed by: CELIA MURPHY • Southern Realtor Associates
Mls Name: WUMLS
Mls ID: #20293950