216 Sweetgrass DrChesneeSC29323
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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
Investment property for sale in Chesnee at 216 Sweetgrass Dr, Chesnee, SC, 29323 listed at $269,900 pairs $1,923/mo rent with a $1,321/mo payment to leave $316/mo cash flow. Total monthly income runs $1,923/mo, and annual cash flow reaches $3,796/yr on $89,472 cash to close. Return on cash invested measures 24.15% in year one, and rental yield registers 8.55% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 125.32% and total cumulative return in cash totals $112,122. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,923/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
0.77 Acres 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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Listed by: Leslie Horne • LESLIE HORNE & ASSOCIATES
Mls Name: SAR
Mls ID: #326433