202 Mitchell StLaurensSC29360
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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 Laurens at 202 Mitchell St, Laurens, SC, 29360 priced at $309,500 pairs $1,729/mo rent with after a $1,515/mo payment. Total monthly income equals $1,729/mo. Return on cash invested is 18.58% in year one, and rental yield stands at 6.7% on a $309,500 basis. Equity gained on principal adds $1,997/yr, and 5% annual appreciation accumulates to $85,509 by year five. Five-year ROI measures 95.43% and total cumulative return in cash reaches $97,914. For financing, Ziffy Mortgage’s DSCR program evaluates $1,729/mo property income against a $1,515/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
1.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29360, Laurens, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,872 (100%) |
| Owner Occupied HU | 5,955 (60.3%) |
| Renter Occupied HU | 2,803 (28.4%) |
| Vacant Housing Units | 1,114 (11.3%) |
| Median Home Value | $202,160 |
| Average Home Value | $228,123 |
Housing Distribution
Address Breakdown
Residential
9,097
Single Family
8,641
Multi-Family
456
Businesses
797
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Listed by: Jeffrey Stovall • Bluefield Realty Group
Mls Name: Greater Greenville AOR
Mls ID: #1571266