156 Spencer RdJonesvilleSC29353
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 Jonesville at 156 Spencer Rd, Jonesville, SC, 29353 offers $1,522/mo rent that, after a $1,224/mo payment, leaves $33/mo cash flow. Total monthly income is $1,522/mo, and annual cash flow is $401/yr on $82,875 cash. Return on cash invested measures 20.39% in year one, and rental yield stands at 7.31% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 105.15% and total cumulative return in cash reaches $87,142. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,522/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29353, Jonesville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,857 (100%) |
| Owner Occupied HU | 1,332 (71.7%) |
| Renter Occupied HU | 290 (15.6%) |
| Vacant Housing Units | 235 (12.7%) |
| Median Home Value | $126,695 |
| Average Home Value | $153,311 |
Housing Distribution
Address Breakdown
Residential
1,692
Single Family
1,692
Multi-Family
0
Businesses
75
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Listed by: Dan Hamilton • Keller Williams Grv Upst
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1557265
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.