203 Kelly Rd APT 614ClemsonSC29631
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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 Clemson at 203 Kelly Rd APT 614, Clemson, SC, 29631 generates $2,993/mo in rent and, after a $1,786/mo payment, leaves $821/mo in cash flow. Total monthly income is $2,993/mo, and annual cash flow is $9,850/yr on $120,964 invested. Return on cash invested sits at 28.05% in year one, and rental yield is 9.84% on a $364,900 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 146.19% and total cumulative return in cash sums $176,844. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,993/mo property income rather than buyer’s personal income.
Condo
Built in N/A
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: Jon Vosburgh • Re/Max Results - Clemson
Mls Name: WUMLS
Mls ID: #20294143