187 Walking Stick WayPelzerSC29669
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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 Pelzer at 187 Walking Stick Way, Pelzer, SC, 29669 offers $3,000/mo rent that, after a $1,789/mo payment, leaves $824/mo cash flow. Total monthly income is $3,000/mo, and annual cash flow is $9,890/yr on $121,179 cash. Return on cash invested measures 28.07% in year one, and rental yield stands at 9.85% at a $365,547 entry. Equity gained on principal adds $2,359/yr while 5% annual appreciation compounds into $100,994 by year five. Five-year ROI records 146.33% and total cumulative return in cash reaches $177,323. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,000/mo property income versus a $1,789/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29669, Pelzer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,257 (100%) |
| Owner Occupied HU | 4,721 (75.5%) |
| Renter Occupied HU | 1,039 (16.6%) |
| Vacant Housing Units | 497 ( 7.9%) |
| Median Home Value | $297,049 |
| Average Home Value | $366,864 |
Housing Distribution
Address Breakdown
Residential
5,764
Single Family
5,764
Multi-Family
0
Businesses
247
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Listed by: Luke Martin • CHARLES H. KNIGHT, LLC
Mls Name: WUMLS
Mls ID: #20292920