211 Rhode IsChesneeSC29323
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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 Chesnee at 211 Rhode Is, Chesnee, SC, 29323 priced at $182,800 pairs $1,901/mo rent with $813/mo cash flow after a $895/mo payment. Total monthly income equals $1,901/mo, and annual cash flow comes to $9,750/yr on $60,598 invested. Return on cash invested is 36% in year one, and rental yield stands at 12.48% on a $182,800 basis. Equity gained on principal adds $1,180/yr, and 5% annual appreciation accumulates to $50,504 by year five. Five-year ROI measures 188.85% and total cumulative return in cash reaches $114,440. For financing, Ziffy Mortgage’s DSCR program evaluates $1,901/mo property income against a $895/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29323, Chesnee, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,207 (100%) |
| Owner Occupied HU | 5,516 (76.5%) |
| Renter Occupied HU | 1,222 (17.0%) |
| Vacant Housing Units | 469 ( 6.5%) |
| Median Home Value | $241,571 |
| Average Home Value | $280,371 |
Housing Distribution
Address Breakdown
Residential
7,074
Single Family
7,074
Multi-Family
0
Businesses
251
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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