120 Cobb RdPelzerSC29669
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pelzer at 120 Cobb Rd, Pelzer, SC, 29669 priced at $260,000 pairs $1,763/mo rent with $215/mo cash flow after a $1,273/mo payment. Total monthly income equals $1,763/mo, and annual cash flow comes to $2,578/yr on $86,190 invested. Return on cash invested is 22.9% in year one, and rental yield stands at 8.14% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 118.59% and total cumulative return in cash reaches $102,209. For financing, Ziffy Mortgage’s DSCR program evaluates $1,763/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29669, Pelzer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,257 (100%) |
| Owner Occupied HU | 4,721 (75.5%) |
| Renter Occupied HU | 1,039 (16.6%) |
| Vacant Housing Units | 497 ( 7.9%) |
| Median Home Value | $297,049 |
| Average Home Value | $366,864 |
Housing Distribution
Address Breakdown
Residential
5,764
Single Family
5,764
Multi-Family
0
Businesses
247
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Listed by: Veronica Posey • The Posey Group
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1539504
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.