203 Montgomery StLaurensSC29360
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Laurens at 203 Montgomery St, Laurens, SC, 29360 earns $267/mo cash flow from $2,052/mo rent with a $1,468/mo payment. Total monthly income totals $2,052/mo, and annual cash flow totals $3,198/yr on $99,450 capital. ROI tracks 23.12% on current figures, and rental yield reads 8.21% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 119.79% and total cumulative return in cash sums $119,136. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,052/mo property income instead of your personal income.
Single Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Micha Kelley • RE/MAX Moves - Simpsonville
Mls Name: WUMLS
Mls ID: #20295957