162 Oakvale 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 162 Oakvale Dr, Piedmont, SC, 29673 uses $53,007 cash to close to unlock $6,489/yr annual cash flow and $541/mo monthly cash flow. Total monthly income runs $1,493/mo, and a $783/mo payment keeps the spread at $541/mo. Purchase price stands at $159,900, and rental yield measures 11.2% with $1,493/mo rent. Return on cash invested shows 32.15% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 168.17% and total cumulative return in cash records $89,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,493/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.35 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: Ralph Harvey • LISTWITHFREEDOM.COM
Mls Name: Greater Greenville AOR
Mls ID: #1570361