115 Riverview ParkCowpensSC29330
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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 Cowpens at 115 Riverview Park, Cowpens, SC, 29330 uses $38,123 cash to close to unlock $1,892/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $872/mo, and a $563/mo payment keeps the spread at $158/mo. Purchase price stands at $115,000, and rental yield measures 9.1% with $872/mo rent. Return on cash invested shows 24.87% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 129.55% and total cumulative return in cash records $49,389. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $872/mo property income covering a $563/mo payment rather than investor’s personal income.
Manufactured
Built in 1980
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29330, Cowpens, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,112 (100%) |
| Owner Occupied HU | 2,952 (71.8%) |
| Renter Occupied HU | 804 (19.6%) |
| Vacant Housing Units | 356 ( 8.7%) |
| Median Home Value | $219,954 |
| Average Home Value | $263,270 |
Housing Distribution
Address Breakdown
Residential
3,563
Single Family
3,491
Multi-Family
72
Businesses
179
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Listed by: Cortney Knight • Ellison Real Estate Co. LLC
Mls Name: SAR
Mls Provider:
Mls ID: #328443
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.