117 Alice CtEasleySC29642
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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 Easley at 117 Alice Ct, Easley, SC, 29642 with 5% annual appreciation on a $305,000 basis while $1,970/mo rent supports operations. Total monthly income totals $1,970/mo and a $1,493/mo payment preserves $154/mo for cash returns. Annual cash flow comes to $1,851/yr on $101,108 deployed, and return on cash invested reaches 21.74% in year one. Equity gained on principal adds $1,968/yr, and five-year appreciation sums $84,266 alongside rental yield of 7.75%. Five-year ROI measures 112.38% and total cumulative return in cash totals $113,626.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,970/mo property income versus a $1,493/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29642, Easley, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,377 (100%) |
| Owner Occupied HU | 12,089 (78.6%) |
| Renter Occupied HU | 2,460 (16.0%) |
| Vacant Housing Units | 828 ( 5.4%) |
| Median Home Value | $294,353 |
| Average Home Value | $333,714 |
Housing Distribution
Address Breakdown
Residential
15,301
Single Family
14,406
Multi-Family
895
Businesses
424
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Listed by: Robert Lentz • The Lentz Team
Mls Name: WUMLS
Mls ID: #20296190