124 W Longfield LnReidvilleSC29388
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 Reidville at 124 W Longfield Ln, Reidville, SC, 29388 generates $3,376/mo in rent and, after a $2,594/mo payment, leaves $221/mo in cash flow. Total monthly income is $3,376/mo, and annual cash flow is $2,654/yr on $174,337 invested. Return on cash invested sits at 21.58% in year one, and rental yield is 7.65% on a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 111.49% and total cumulative return in cash sums $194,363. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,376/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29388, Woodruff, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,909 (100%) |
| Owner Occupied HU | 5,909 (74.7%) |
| Renter Occupied HU | 1,381 (17.5%) |
| Vacant Housing Units | 619 ( 7.8%) |
| Median Home Value | $260,735 |
| Average Home Value | $294,145 |
Housing Distribution
Address Breakdown
Residential
7,675
Single Family
7,548
Multi-Family
127
Businesses
366
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffery Nickles • Allen Tate Company - Greer
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1543928
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.