215 Louisiana StHonea PathSC29654
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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 Honea Path at 215 Louisiana St, Honea Path, SC, 29654 generates $1,331/mo in rent and, after a $776/mo payment, leaves $387/mo in cash flow. Total monthly income is $1,331/mo, and annual cash flow is $4,647/yr on $52,543 invested. Return on cash invested sits at 28.75% in year one, and rental yield is 10.08% on a $158,500 entry. Equity gained on principal adds $1,023/yr, while 5% annual appreciation builds toward $43,791 over five years. Five-year ROI reaches 150.05% and total cumulative return in cash sums $78,839. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,331/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29654, Honea Path, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,585 (100%) |
| Owner Occupied HU | 3,333 (72.7%) |
| Renter Occupied HU | 805 (17.6%) |
| Vacant Housing Units | 447 ( 9.7%) |
| Median Home Value | $196,450 |
| Average Home Value | $227,286 |
Housing Distribution
Address Breakdown
Residential
4,334
Single Family
4,334
Multi-Family
0
Businesses
243
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Listed by: Jason Paxton • BHHS C Dan Joyner - Midtown
Mls Name: Greater Greenville AOR
Mls ID: #1555852