246 Rabbit RdTravelers RestSC29690
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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 Travelers Rest at 246 Rabbit Rd, Travelers Rest, SC, 29690 offers a 4.66% rental yield on a $939,000 purchase with $3,646/mo rent. 51% in year one. Equity gained on principal adds $6,059/yr while 5% annual appreciation supports $259,428 over five years. Portfolio math shows five-year ROI at 62.83% and total cumulative return in cash at $194,092. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,646/mo property income against a $4,596/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
10.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29690, Travelers Rest, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,329 (100%) |
| Owner Occupied HU | 7,764 (75.2%) |
| Renter Occupied HU | 1,792 (17.3%) |
| Vacant Housing Units | 773 ( 7.5%) |
| Median Home Value | $381,494 |
| Average Home Value | $436,149 |
Housing Distribution
Address Breakdown
Residential
9,877
Single Family
9,650
Multi-Family
227
Businesses
812
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Listed by: Nicholas Huscroft • Chosen Realty
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1533420
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.