203 Kelly Rd APT 613ClemsonSC29631
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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
Total monthly income runs $2,056/mo, and a $1,835/mo payment. Purchase price stands at $374,900, and rental yield measures 6.58% with $2,056/mo rent. Return on cash invested shows 18.21% in year one, and 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 93.45% and total cumulative return in cash records $116,143. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,056/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29631, Clemson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,246 (100%) |
| Owner Occupied HU | 3,017 (36.6%) |
| Renter Occupied HU | 3,969 (48.1%) |
| Vacant Housing Units | 1,260 (15.3%) |
| Median Home Value | $368,243 |
| Average Home Value | $420,176 |
Housing Distribution
Address Breakdown
Residential
6,736
Single Family
5,377
Multi-Family
1,359
Businesses
474
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Listed by: Kathryn Watson • Monaghan Co Real Estate
Mls Name: WUMLS
Mls ID: #20296311