121 Spring Valley RdPickensSC29671
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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 Pickens at 121 Spring Valley Rd, Pickens, SC, 29671 generates $2,176/mo in rent and, after a $1,762/mo payment, leaves $33/mo in cash flow. Total monthly income is $2,176/mo, and annual cash flow is $397/yr on $119,307 invested. Return on cash invested sits at 20.24% in year one, and rental yield is 7.26% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 104.35% and total cumulative return in cash sums $124,502. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,176/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29671, Pickens, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,804 (100%) |
| Owner Occupied HU | 6,427 (73.0%) |
| Renter Occupied HU | 1,403 (15.9%) |
| Vacant Housing Units | 974 (11.1%) |
| Median Home Value | $240,850 |
| Average Home Value | $280,779 |
Housing Distribution
Address Breakdown
Residential
8,188
Single Family
8,185
Multi-Family
3
Businesses
594
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Listed by: Mark Gillespie • W Realty Upstate
Mls Name: Greater Greenville AOR
Mls ID: #1566863