116 Catawba StCowpensSC29330
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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 116 Catawba St, Cowpens, SC, 29330 with 5% annual appreciation on a $112,500 basis while $1,252/mo rent supports operations. Total monthly income totals $1,252/mo and a $551/mo payment preserves $454/mo for cash returns. Annual cash flow comes to $5,445/yr on $37,294 deployed, and return on cash invested reaches 34.51% in year one. Equity gained on principal adds $726/yr, and five-year appreciation sums $31,082 alongside rental yield of 13.35%. Five-year ROI measures 182.36% and total cumulative return in cash totals $68,008.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,252/mo property income versus a $551/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.30 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: Laangela Eison-Mcgill • Better Homes & Gardens Young &
Mls Name: SAR
Mls Provider:
Mls ID: #315059
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.