197 Tiara Ridge LnDuncanSC29334
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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 Duncan at 197 Tiara Ridge Ln, Duncan, SC, 29334 uses $92,820 cash to close to unlock $4,364/yr annual cash flow and $364/mo monthly cash flow. Total monthly income runs $2,030/mo, and a $1,370/mo payment keeps the spread at $364/mo. Purchase price stands at $280,000, and rental yield measures 8.7% with $2,030/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 127.75% and total cumulative return in cash records $118,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,030/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29334, Duncan, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,399 (100%) |
| Owner Occupied HU | 5,090 (68.8%) |
| Renter Occupied HU | 1,843 (24.9%) |
| Vacant Housing Units | 466 ( 6.3%) |
| Median Home Value | $292,824 |
| Average Home Value | $298,164 |
Housing Distribution
Address Breakdown
Residential
7,955
Single Family
6,556
Multi-Family
1,399
Businesses
617
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Listed by: Debra Bruton • Keller Williams Grv Upst
Mls Name: Greater Greenville AOR
Mls ID: #1571078