161 Effie DrPiedmontSC29673
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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 Piedmont at 161 Effie Dr, Piedmont, SC, 29673 offers a 8.39% rental yield on a $248,900 purchase with $1,740/mo rent. Total monthly income registers $1,740/mo, and a $1,218/mo payment leaves $259/mo available for distribution. Annual cash flow reaches $3,103/yr on $82,510 to close, and return on cash invested stands at 23.67% in year one. Equity gained on principal adds $1,606/yr while 5% annual appreciation supports $68,766 over five years. Portfolio math shows five-year ROI at 122.72% and total cumulative return in cash at $101,257. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,740/mo property income against a $1,218/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29673, Piedmont, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,431 (100%) |
| Owner Occupied HU | 9,512 (70.8%) |
| Renter Occupied HU | 3,101 (23.1%) |
| Vacant Housing Units | 818 ( 6.1%) |
| Median Home Value | $277,568 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
13,462
Single Family
12,786
Multi-Family
676
Businesses
994
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Listed by: Nicholas Sadie • Houses and Then Some Realty
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1542894
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.