1204 Casey Creek RdChesneeSC29323
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
Investment property for sale in Chesnee at 1204 Casey Creek Rd, Chesnee, SC, 29323 uses $77,869 cash to close to unlock $4,197/yr annual cash flow and $350/mo monthly cash flow. Total monthly income runs $1,765/mo, and a $1,150/mo payment keeps the spread at $350/mo. Purchase price stands at $234,900, and rental yield measures 9.02% with $1,765/mo rent. Return on cash invested shows 25.3% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 131.54% and total cumulative return in cash records $102,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,765/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29323, Chesnee, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,207 (100%) |
| Owner Occupied HU | 5,516 (76.5%) |
| Renter Occupied HU | 1,222 (17.0%) |
| Vacant Housing Units | 469 ( 6.5%) |
| Median Home Value | $241,571 |
| Average Home Value | $280,371 |
Housing Distribution
Address Breakdown
Residential
7,074
Single Family
7,074
Multi-Family
0
Businesses
251
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aaron Dobbins • Beyond Real Estate
Mls Name: SAR
Mls Provider:
Mls ID: #324563
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.