173 Glendale LnEasleySC29640
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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 Easley at 173 Glendale Ln, Easley, SC, 29640 offers a 8.7% rental yield on a $199,000 purchase with $1,442/mo rent. Total monthly income registers $1,442/mo, and a $974/mo payment leaves $257/mo available for distribution. Annual cash flow reaches $3,089/yr on $65,969 to close, and return on cash invested stands at 24.59% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 127.69% and total cumulative return in cash at $84,234. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,442/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29640, Easley, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,586 (100%) |
| Owner Occupied HU | 10,466 (67.2%) |
| Renter Occupied HU | 3,897 (25.0%) |
| Vacant Housing Units | 1,223 ( 7.8%) |
| Median Home Value | $251,960 |
| Average Home Value | $291,439 |
Housing Distribution
Address Breakdown
Residential
14,545
Single Family
14,205
Multi-Family
340
Businesses
1,049
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Listed by: Lisa Ouztes • Casey Group Real Estate - Anderson
Mls Name: WUMLS
Mls ID: #20295635