1383 Track RdPelionSC29123
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 Pelion at 1383 Track Rd, Pelion, SC, 29123 priced at $170,000 pairs $1,649/mo rent with $637/mo cash flow after a $832/mo payment. Total monthly income equals $1,649/mo, and annual cash flow comes to $7,645/yr on $56,355 invested. Return on cash invested is 33.47% in year one, and rental yield stands at 11.64% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 175.35% and total cumulative return in cash reaches $98,817. For financing, Ziffy Mortgage’s DSCR program evaluates $1,649/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2016
2.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29123, Pelion, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,119 (100%) |
| Owner Occupied HU | 2,339 (75.0%) |
| Renter Occupied HU | 477 (15.3%) |
| Vacant Housing Units | 303 ( 9.7%) |
| Median Home Value | $211,914 |
| Average Home Value | $263,011 |
Housing Distribution
Address Breakdown
Residential
2,977
Single Family
2,977
Multi-Family
0
Businesses
109
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Nearby investment properties with comparable prices
Listed by: Zakary Laporte • Palmetto Real Estate Grp of SC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #604693
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC