117 Elgin DrLaurensSC29360
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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 Laurens at 117 Elgin Dr, Laurens, SC, 29360 at $256,990 posts ROI 20.25% with $24/mo cash flow from $1,554/mo rent. Total monthly income equals $1,554/mo, and annual cash flow records $288/yr on $85,192 to close. Return on cash invested measures 20.25% and rental yield reads 7.26% at the current $256,990. Equity gained on principal adds $1,658/yr, and 5% annual appreciation supports $71,002 by year five. Five-year ROI prints 104.4% and total cumulative return in cash totals $88,940.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,554/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29360, Laurens, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,872 (100%) |
| Owner Occupied HU | 5,955 (60.3%) |
| Renter Occupied HU | 2,803 (28.4%) |
| Vacant Housing Units | 1,114 (11.3%) |
| Median Home Value | $202,160 |
| Average Home Value | $228,123 |
Housing Distribution
Address Breakdown
Residential
9,097
Single Family
8,641
Multi-Family
456
Businesses
797
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Listed by: Trina Montalbano • D.R. Horton
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1565726
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.