207 Phillips AveEasleySC29640
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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 Easley at 207 Phillips Ave, Easley, SC, 29640 earns $408/mo cash flow from $2,224/mo rent with a $1,493/mo payment. Total monthly income totals $2,224/mo, and annual cash flow totals $4,899/yr on $101,108 capital. ROI tracks 24.75% on current figures, and rental yield reads 8.75% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 128.55% and total cumulative return in cash sums $129,970. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,224/mo property income instead of your personal income.
Single Family
Built in N/A
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29640, Easley, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,586 (100%) |
| Owner Occupied HU | 10,466 (67.2%) |
| Renter Occupied HU | 3,897 (25.0%) |
| Vacant Housing Units | 1,223 ( 7.8%) |
| Median Home Value | $251,960 |
| Average Home Value | $291,439 |
Housing Distribution
Address Breakdown
Residential
14,545
Single Family
14,205
Multi-Family
340
Businesses
1,049
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Listed by: Lezah Cruz • Diamond Realty of the Upstate
Mls Name: Greater Greenville AOR
Mls ID: #1566148