220 Elm St APT 433ClemsonSC29631
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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 Clemson at 220 Elm St APT 433, Clemson, SC, 29631 generates $1,350/mo in rent and, after a $832/mo payment, leaves $338/mo in cash flow. Total monthly income is $1,350/mo, and annual cash flow is $4,057/yr on $56,355 invested. Return on cash invested sits at 27.11% in year one, and rental yield is 9.53% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 141.21% and total cumulative return in cash sums $79,581. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,350/mo property income rather than buyer’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29631, Clemson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,246 (100%) |
| Owner Occupied HU | 3,017 (36.6%) |
| Renter Occupied HU | 3,969 (48.1%) |
| Vacant Housing Units | 1,260 (15.3%) |
| Median Home Value | $368,243 |
| Average Home Value | $420,176 |
Housing Distribution
Address Breakdown
Residential
6,736
Single Family
5,377
Multi-Family
1,359
Businesses
474
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Listed by: Tonya Earnhardt • Coldwell Banker Caine/Williams
Mls Name: WUMLS
Mls ID: #20288410