208 S Severn CirEasleySC29642
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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 Easley at 208 S Severn Cir, Easley, SC, 29642 offers $2,405/mo rent that, after a $1,662/mo payment, leaves $239/mo cash flow. Total monthly income is $2,405/mo, and annual cash flow is $2,863/yr on $112,544 cash. Return on cash invested measures 22.45% in year one, and rental yield stands at 8.5% at a $339,500 entry. Equity gained on principal adds $2,191/yr while 5% annual appreciation compounds into $93,798 by year five. Five-year ROI records 116.74% and total cumulative return in cash reaches $131,381. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,405/mo property income versus a $1,662/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29642, Easley, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,377 (100%) |
| Owner Occupied HU | 12,089 (78.6%) |
| Renter Occupied HU | 2,460 (16.0%) |
| Vacant Housing Units | 828 ( 5.4%) |
| Median Home Value | $294,353 |
| Average Home Value | $333,714 |
Housing Distribution
Address Breakdown
Residential
15,301
Single Family
14,406
Multi-Family
895
Businesses
424
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Listed by: Lori Lawson • XSell Upstate
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1558747
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.