171 E Main StPendletonSC29670
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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
Rental property for sale in Pendleton at 171 E Main St, Pendleton, SC, 29670 priced at $549,900 converts $1,045/mo rent into after a $2,691/mo obligation. Total monthly income equals $1,045/mo. Return on cash invested prints 5.28% in year one, and rental yield reads 2.28% against a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation compiles into $151,927 by year five. Five-year ROI reaches 24.09% and total cumulative return in cash sums $43,574. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,045/mo property income covering a $2,691/mo payment, not borrower’s personal income.
Single Family
Built in 1825
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29670, Pendleton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,063 (100%) |
| Owner Occupied HU | 3,460 (68.3%) |
| Renter Occupied HU | 1,150 (22.7%) |
| Vacant Housing Units | 453 ( 8.9%) |
| Median Home Value | $280,376 |
| Average Home Value | $349,440 |
Housing Distribution
Address Breakdown
Residential
4,747
Single Family
4,592
Multi-Family
155
Businesses
356
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Listed by: Catherine Hamby • Re/Max Results - Clemson
Mls Name: WUMLS
Mls ID: #20294424