206 S Church StUnionSC29379
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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 Union at 206 S Church St, Union, SC, 29379 priced at $185,000 converts $1,422/mo rent into $303/mo cash flow after a $905/mo obligation. Total monthly income equals $1,422/mo, and annual cash flow totals $3,640/yr on $61,328 invested. Return on cash invested prints 25.84% in year one, and rental yield reads 9.22% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 134.55% and total cumulative return in cash sums $82,515. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,422/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29379, Union, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,146 (100%) |
| Owner Occupied HU | 5,365 (58.7%) |
| Renter Occupied HU | 2,446 (26.7%) |
| Vacant Housing Units | 1,335 (14.6%) |
| Median Home Value | $119,903 |
| Average Home Value | $168,566 |
Housing Distribution
Address Breakdown
Residential
8,243
Single Family
7,930
Multi-Family
313
Businesses
745
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Listed by: Heather Winters • Epique Realty Inc
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1527296
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.