224 Brown CirEasleySC29642
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Easley at 224 Brown Cir, Easley, SC, 29642 priced at $265,900 converts $2,400/mo rent into $818/mo cash flow after a $1,301/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $9,811/yr on $88,146 invested. Return on cash invested prints 31.04% in year one, and rental yield reads 10.83% against a $265,900 entry. Equity gained on principal adds $1,716/yr, while 5% annual appreciation compiles into $73,463 by year five. Five-year ROI reaches 162.23% and total cumulative return in cash sums $143,002. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,301/mo payment, not borrower’s personal income.
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29642, Easley, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,377 (100%) |
| Owner Occupied HU | 12,089 (78.6%) |
| Renter Occupied HU | 2,460 (16.0%) |
| Vacant Housing Units | 828 ( 5.4%) |
| Median Home Value | $294,353 |
| Average Home Value | $333,714 |
Housing Distribution
Address Breakdown
Residential
15,301
Single Family
14,406
Multi-Family
895
Businesses
424
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Listed by: Laine Tucker • Coldwell Banker Caine/Williams
Mls Name: WUMLS
Mls ID: #20291692