1861 Jenerette RdMullinsSC29574
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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 Mullins at 1861 Jenerette Rd, Mullins, SC, 29574 priced at $179,500 pairs $1,080/mo rent with $11/mo cash flow after a $879/mo payment. Total monthly income equals $1,080/mo, and annual cash flow comes to $132/yr on $59,504 invested. Return on cash invested is 20.13% in year one, and rental yield stands at 7.22% on a $179,500 basis. Equity gained on principal adds $1,158/yr, and 5% annual appreciation accumulates to $49,593 by year five. Five-year ROI measures 103.8% and total cumulative return in cash reaches $61,768. For financing, Ziffy Mortgage’s DSCR program evaluates $1,080/mo property income against a $879/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29574, Mullins, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,064 (100%) |
| Owner Occupied HU | 3,001 (59.3%) |
| Renter Occupied HU | 1,258 (24.8%) |
| Vacant Housing Units | 805 (15.9%) |
| Median Home Value | $97,483 |
| Average Home Value | $139,026 |
Housing Distribution
Address Breakdown
Residential
4,732
Single Family
4,709
Multi-Family
23
Businesses
428
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Listed by: Stacy Strickland • Carolina Realty & Associates
Mls Name: CCAR
Mls ID: #2506264