1592 Settle RdInmanSC29349
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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 Inman at 1592 Settle Rd, Inman, SC, 29349 listed at $199,900 pairs $1,836/mo rent with a $978/mo payment to leave $646/mo cash flow. Total monthly income runs $1,836/mo, and annual cash flow reaches $7,757/yr on $66,267 cash to close. Return on cash invested measures 31.62% in year one, and rental yield registers 11.02% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 165.35% and total cumulative return in cash totals $109,573. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,836/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29349, Inman, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,711 (100%) |
| Owner Occupied HU | 12,425 (79.1%) |
| Renter Occupied HU | 2,262 (14.4%) |
| Vacant Housing Units | 1,024 ( 6.5%) |
| Median Home Value | $281,759 |
| Average Home Value | $325,145 |
Housing Distribution
Address Breakdown
Residential
15,968
Single Family
15,967
Multi-Family
1
Businesses
714
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Listed by: Kendall Somero • Carolina Moves, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1576395