240 Hendricks RdPickensSC29671
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pickens at 240 Hendricks Rd, Pickens, SC, 29671 priced at $339,900 converts $2,284/mo rent into $260/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,284/mo, and annual cash flow totals $3,123/yr on $112,677 invested. Return on cash invested prints 22.68% in year one, and rental yield reads 8.06% against a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,908 by year five. Five-year ROI reaches 117.43% and total cumulative return in cash sums $132,311. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,284/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29671, Pickens, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,804 (100%) |
| Owner Occupied HU | 6,427 (73.0%) |
| Renter Occupied HU | 1,403 (15.9%) |
| Vacant Housing Units | 974 (11.1%) |
| Median Home Value | $240,850 |
| Average Home Value | $280,779 |
Housing Distribution
Address Breakdown
Residential
8,188
Single Family
8,185
Multi-Family
3
Businesses
594
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Jackson • Rawson Realty, LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1516196
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.