1230 Melton Rd LOT 41West UnionSC29696
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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 West Union at 1230 Melton Rd LOT 41, West Union, SC, 29696 uses $114,368 cash to close to unlock $11,615/yr annual cash flow and $968/mo monthly cash flow. Total monthly income runs $3,022/mo, and a $1,689/mo payment keeps the spread at $968/mo. Purchase price stands at $345,000, and rental yield measures 10.51% with $3,022/mo rent. Return on cash invested shows 30.06% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 156.99% and total cumulative return in cash records $179,548. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,022/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29696, West Union, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,560 (100%) |
| Owner Occupied HU | 1,834 (71.6%) |
| Renter Occupied HU | 289 (11.3%) |
| Vacant Housing Units | 437 (17.1%) |
| Median Home Value | $340,930 |
| Average Home Value | $517,290 |
Housing Distribution
Address Breakdown
Residential
2,144
Single Family
2,086
Multi-Family
58
Businesses
175
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Listed by: Cate Kassab • My Upstate Home LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1533051
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.