119 Chicoma DrTownvilleSC29689
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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 Townville at 119 Chicoma Dr, Townville, SC, 29689 uses $85,859 cash to close to unlock $5,202/yr annual cash flow and $434/mo monthly cash flow. Total monthly income runs $2,005/mo, and a $1,268/mo payment keeps the spread at $434/mo. Purchase price stands at $259,000, and rental yield measures 9.29% with $2,005/mo rent. Return on cash invested shows 25.97% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 135.2% and total cumulative return in cash records $116,080. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,005/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29689, Townville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,843 (100%) |
| Owner Occupied HU | 1,855 (65.2%) |
| Renter Occupied HU | 264 ( 9.3%) |
| Vacant Housing Units | 724 (25.5%) |
| Median Home Value | $419,349 |
| Average Home Value | $491,116 |
Housing Distribution
Address Breakdown
Residential
2,523
Single Family
2,523
Multi-Family
0
Businesses
78
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Listed by: Carmen Johnson • TLCOX and Company
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1548287
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.