1258 Cove Creek 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
Total monthly income runs $3,606/mo, and a $3,421/mo payment. Purchase price stands at $699,000, and rental yield measures 6.19% with $3,606/mo rent. Return on cash invested shows 17.17% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 87.79% and total cumulative return in cash records $201,902. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,606/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Single Family
Built in N/A
3 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: Laura Pace • Keller Williams Luxury Lake Living
Mls Name: WUMLS
Mls ID: #20292418