236 Piedmont HwyPiedmontSC29673
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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
Investment property for sale in Piedmont at 236 Piedmont Hwy, Piedmont, SC, 29673 uses $92,787 cash to close to unlock $6,201/yr annual cash flow and $517/mo monthly cash flow. Total monthly income runs $2,183/mo, and a $1,370/mo payment keeps the spread at $517/mo. Purchase price stands at $279,900, and rental yield measures 9.36% with $2,183/mo rent. Return on cash invested shows 26.59% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 138.36% and total cumulative return in cash records $128,377. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,183/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29673, Piedmont, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,431 (100%) |
| Owner Occupied HU | 9,512 (70.8%) |
| Renter Occupied HU | 3,101 (23.1%) |
| Vacant Housing Units | 818 ( 6.1%) |
| Median Home Value | $277,568 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
13,462
Single Family
12,786
Multi-Family
676
Businesses
994
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Listed by: Brenda Poling-Chandler • RE/MAX Reach
Mls Name: WUMLS
Mls ID: #20295226