231 Santorini WayMauldinSC29662
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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 Mauldin at 231 Santorini Way, Mauldin, SC, 29662 offers $2,040/mo rent that, after a $1,273/mo payment, leaves $492/mo cash flow. Total monthly income is $2,040/mo, and annual cash flow is $5,901/yr on $86,217 cash. Return on cash invested measures 26.75% in year one, and rental yield stands at 9.41% at a $260,080 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,855 by year five. Five-year ROI records 139.23% and total cumulative return in cash reaches $120,043. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,040/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in N/A
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29662, Mauldin, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,928 (100%) |
| Owner Occupied HU | 4,109 (59.3%) |
| Renter Occupied HU | 2,419 (34.9%) |
| Vacant Housing Units | 400 ( 5.8%) |
| Median Home Value | $275,310 |
| Average Home Value | $318,558 |
Housing Distribution
Address Breakdown
Residential
7,058
Single Family
5,612
Multi-Family
1,446
Businesses
774
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Listed by: Debra Goldsmith • SM South Carolina Brokerage, LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1556993
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.