116 Mitchell CirBuffaloSC29321
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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 Buffalo at 116 Mitchell Cir, Buffalo, SC, 29321 generates $1,386/mo in rent and, after a $724/mo payment, leaves $505/mo in cash flow. Total monthly income is $1,386/mo, and annual cash flow is $6,064/yr on $49,062 invested. Return on cash invested sits at 32.27% in year one, and rental yield is 11.24% on a $148,000 entry. Equity gained on principal adds $955/yr, while 5% annual appreciation builds toward $40,890 over five years. Five-year ROI reaches 168.89% and total cumulative return in cash sums $82,862. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,386/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29321, Buffalo, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,102 (100%) |
| Owner Occupied HU | 747 (67.8%) |
| Renter Occupied HU | 224 (20.3%) |
| Vacant Housing Units | 131 (11.9%) |
| Median Home Value | $93,788 |
| Average Home Value | $153,056 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,107
Multi-Family
0
Businesses
41
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Listed by: Kevin Kingsmore • North Group Real Estate
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1534661
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.