231 Providence RdLeesvilleSC29070
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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 Leesville at 231 Providence Rd, Leesville, SC, 29070 priced at $304,900 pairs $2,056/mo rent with $241/mo cash flow after a $1,492/mo payment. Total monthly income equals $2,056/mo, and annual cash flow comes to $2,896/yr on $101,074 invested. Return on cash invested is 22.77% in year one, and rental yield stands at 8.09% on a $304,900 basis. Equity gained on principal adds $1,967/yr, and 5% annual appreciation accumulates to $84,238 by year five. Five-year ROI measures 117.92% and total cumulative return in cash reaches $119,186. For financing, Ziffy Mortgage’s DSCR program evaluates $2,056/mo property income against a $1,492/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2025
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29070, Leesville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,151 (100%) |
| Owner Occupied HU | 5,849 (71.8%) |
| Renter Occupied HU | 1,035 (12.7%) |
| Vacant Housing Units | 1,267 (15.5%) |
| Median Home Value | $290,922 |
| Average Home Value | $349,829 |
Housing Distribution
Address Breakdown
Residential
7,402
Single Family
7,402
Multi-Family
0
Businesses
433
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Listed by: Rachel Shealey Coward • Century 21 803 Realty
Mls Name: Consolidated MLS
Mls ID: #624010