119 Oak Crest CirSenecaSC29672
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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 Seneca at 119 Oak Crest Cir, Seneca, SC, 29672 priced at $850,000 converts $7,590/mo rent into $2,530/mo cash flow after a $4,160/mo obligation. Total monthly income equals $7,590/mo, and annual cash flow totals $30,365/yr on $279,650 invested. Return on cash invested prints 30.92% in year one, and rental yield reads 10.72% against a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation compiles into $234,839 by year five. Five-year ROI reaches 161.54% and total cumulative return in cash sums $451,750. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,590/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Single Family
Built in 2003
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29672, Seneca, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,418 (100%) |
| Owner Occupied HU | 4,776 (64.4%) |
| Renter Occupied HU | 1,406 (19.0%) |
| Vacant Housing Units | 1,236 (16.7%) |
| Median Home Value | $579,159 |
| Average Home Value | $722,852 |
Housing Distribution
Address Breakdown
Residential
6,724
Single Family
6,624
Multi-Family
100
Businesses
240
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Listed by: Lorraine Harding • Lorraine Harding Real Estate
Mls Name: WUMLS
Mls ID: #20288512