225 S Shirley AveHonea 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 225 S Shirley Ave, Honea Path, SC, 29654 generates $903/mo in rent and, after a $558/mo payment, leaves $224/mo in cash flow. Total monthly income is $903/mo, and annual cash flow is $2,693/yr on $37,778 invested. Return on cash invested sits at 27.04% in year one, and rental yield is 9.51% on a $113,960 entry. Equity gained on principal adds $735/yr, while 5% annual appreciation builds toward $31,485 over five years. Five-year ROI reaches 140.83% and total cumulative return in cash sums $53,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $903/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
7,840 sqft 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: Brian Brockman • Bang Realty
Mls Name: My State MLS
Mls ID: #11623614