1298 Mordeci Mountain RdGray CourtSC29645
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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 Gray Court at 1298 Mordeci Mountain Rd, Gray Court, SC, 29645 offers a 6.47% rental yield on a $263,000 purchase with $1,417/mo rent. 87% in year one. Equity gained on principal adds $1,697/yr while 5% annual appreciation supports $72,662 over five years. Portfolio math shows five-year ROI at 91.6% and total cumulative return in cash at $79,859. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,417/mo property income against a $1,287/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
2.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29645, Gray Court, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,787 (100%) |
| Owner Occupied HU | 3,601 (75.2%) |
| Renter Occupied HU | 780 (16.3%) |
| Vacant Housing Units | 406 ( 8.5%) |
| Median Home Value | $230,785 |
| Average Home Value | $264,377 |
Housing Distribution
Address Breakdown
Residential
4,350
Single Family
4,349
Multi-Family
1
Businesses
127
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Listed by: Cynthia Turner • Realty One Group Freedom
Mls Name: Greater Greenville AOR
Mls ID: #1572140