122 Rivermill PlPiedmontSC29673
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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 Piedmont at 122 Rivermill Pl, Piedmont, SC, 29673 offers a 8.99% rental yield on a $385,000 purchase with $2,884/mo rent. Total monthly income registers $2,884/mo, and a $1,884/mo payment leaves $593/mo available for distribution. Annual cash flow reaches $7,111/yr on $127,628 to close, and return on cash invested stands at 25.48% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 132.41% and total cumulative return in cash at $168,994. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,884/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29673, Piedmont, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,431 (100%) |
| Owner Occupied HU | 9,512 (70.8%) |
| Renter Occupied HU | 3,101 (23.1%) |
| Vacant Housing Units | 818 ( 6.1%) |
| Median Home Value | $277,568 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
13,462
Single Family
12,786
Multi-Family
676
Businesses
994
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Listed by: Heather Young • Coldwell Banker Caine/Williams
Mls Name: Greater Greenville AOR
Mls ID: #1558973