1402 Massey RdPendletonSC29670
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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 Pendleton at 1402 Massey Rd, Pendleton, SC, 29670 offers a 8.63% rental yield on a $269,777 purchase with $1,940/mo rent. Total monthly income registers $1,940/mo, and a $1,320/mo payment leaves $334/mo available for distribution. Annual cash flow reaches $4,014/yr on $89,431 to close, and return on cash invested stands at 24.4% in year one. Equity gained on principal adds $1,741/yr while 5% annual appreciation supports $74,534 over five years. Portfolio math shows five-year ROI at 126.62% and total cumulative return in cash at $113,235. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,940/mo property income against a $1,320/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2006
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29670, Pendleton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,063 (100%) |
| Owner Occupied HU | 3,460 (68.3%) |
| Renter Occupied HU | 1,150 (22.7%) |
| Vacant Housing Units | 453 ( 8.9%) |
| Median Home Value | $280,376 |
| Average Home Value | $349,440 |
Housing Distribution
Address Breakdown
Residential
4,747
Single Family
4,592
Multi-Family
155
Businesses
356
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Listed by: Jennie Foster • Bluefield Realty Group
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1551738
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.