116 Dorothy LnPickensSC29671
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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 Pickens at 116 Dorothy Ln, Pickens, SC, 29671 priced at $823,900 converts $5,057/mo rent into $152/mo cash flow after a $4,033/mo obligation. Total monthly income equals $5,057/mo, and annual cash flow totals $1,824/yr on $271,063 invested. Return on cash invested prints 20.73% in year one, and rental yield reads 7.37% against a $823,900 entry. Equity gained on principal adds $5,317/yr, while 5% annual appreciation compiles into $227,628 by year five. Five-year ROI reaches 106.93% and total cumulative return in cash sums $289,847. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,057/mo property income covering a $4,033/mo payment, not borrower’s personal income.
Single Family
Built in 1999
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29671, Pickens, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,804 (100%) |
| Owner Occupied HU | 6,427 (73.0%) |
| Renter Occupied HU | 1,403 (15.9%) |
| Vacant Housing Units | 974 (11.1%) |
| Median Home Value | $240,850 |
| Average Home Value | $280,779 |
Housing Distribution
Address Breakdown
Residential
8,188
Single Family
8,185
Multi-Family
3
Businesses
594
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Listed by: Anna Workman • Blackstream International RE
Mls Name: SAR
Mls Provider:
Mls ID: #322478
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.