185 N Grant RdSenecaSC29678
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Seneca at 185 N Grant Rd, Seneca, SC, 29678 priced at $249,999 pairs $2,098/mo rent with $609/mo cash flow after a $1,224/mo payment. Total monthly income equals $2,098/mo, and annual cash flow comes to $7,313/yr on $82,875 invested. Return on cash invested is 28.73% in year one, and rental yield stands at 10.07% on a $249,999 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 149.88% and total cumulative return in cash reaches $124,210. For financing, Ziffy Mortgage’s DSCR program evaluates $2,098/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29678, Seneca, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,419 (100%) |
| Owner Occupied HU | 7,101 (57.2%) |
| Renter Occupied HU | 3,583 (28.9%) |
| Vacant Housing Units | 1,735 (14.0%) |
| Median Home Value | $232,752 |
| Average Home Value | $286,035 |
Housing Distribution
Address Breakdown
Residential
11,044
Single Family
10,190
Multi-Family
854
Businesses
842
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Listed by: Greg Harbin • Keller Williams Seneca
Mls Name: WUMLS
Mls ID: #20295097