223 Chestnut Springs WayWilliamstonSC29697
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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 Williamston at 223 Chestnut Springs Way, Williamston, SC, 29697 generates $3,848/mo in rent, after a $4,283/mo payment. Total monthly income is $3,848/mo. Return on cash invested sits at 14.39% in year one, and rental yield is 5.28% on a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 72.88% and total cumulative return in cash sums $209,795. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,848/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29697, Williamston, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,552 (100%) |
| Owner Occupied HU | 4,221 (76.0%) |
| Renter Occupied HU | 1,005 (18.1%) |
| Vacant Housing Units | 326 ( 5.9%) |
| Median Home Value | $264,101 |
| Average Home Value | $317,126 |
Housing Distribution
Address Breakdown
Residential
5,341
Single Family
5,243
Multi-Family
98
Businesses
376
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Listed by: TWILA KINGSMORE • RE/MAX Results - Easley
Mls Name: WUMLS
Mls ID: #20291967