24 W Golden Strip DrMauldinSC29662
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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 24 W Golden Strip Dr, Mauldin, SC, 29662 priced at $335,000 converts $2,330/mo rent into $335/mo cash flow after a $1,640/mo obligation. Total monthly income equals $2,330/mo, and annual cash flow totals $4,026/yr on $111,053 invested. Return on cash invested prints 23.53% in year one, and rental yield reads 8.35% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 121.99% and total cumulative return in cash sums $135,476. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,330/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.89 Acres 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: Joshua Taylor • XSell Upstate
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1547914
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.