236 Newland DrUnionSC29379
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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 Union at 236 Newland Dr, Union, SC, 29379 priced at $212,990 pairs $1,920/mo rent with $653/mo cash flow after a $1,042/mo payment. Total monthly income equals $1,920/mo, and annual cash flow comes to $7,831/yr on $70,606 invested. Return on cash invested is 31% in year one, and rental yield stands at 10.82% on a $212,990 basis. Equity gained on principal adds $1,374/yr, and 5% annual appreciation accumulates to $58,845 by year five. Five-year ROI measures 162.03% and total cumulative return in cash reaches $114,402. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $1,042/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29379, Union, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,146 (100%) |
| Owner Occupied HU | 5,365 (58.7%) |
| Renter Occupied HU | 2,446 (26.7%) |
| Vacant Housing Units | 1,335 (14.6%) |
| Median Home Value | $119,903 |
| Average Home Value | $168,566 |
Housing Distribution
Address Breakdown
Residential
8,243
Single Family
7,930
Multi-Family
313
Businesses
745
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Listed by: Julie Mercer • WJH LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1537343
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.