164 Chestnut Lake DrInmanSC29349
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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 164 Chestnut Lake Dr, Inman, SC, 29349 uses $114,368 cash to close to unlock $5,831/yr annual cash flow and $486/mo monthly cash flow. Total monthly income runs $2,540/mo, and a $1,689/mo payment keeps the spread at $486/mo. Purchase price stands at $345,000, and rental yield measures 8.83% with $2,540/mo rent. Return on cash invested shows 25.01% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 129.87% and total cumulative return in cash records $148,528. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,540/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 1981
0.81 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: Thomas Gully • BHHS C Dan Joyner - Midtown
Mls Name: Greater Greenville AOR
Mls ID: #1559863