248 Abelia Meadows DrPiedmontSC29673
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
Investment property for sale in Piedmont at 248 Abelia Meadows Dr, Piedmont, SC, 29673 earns $602/mo cash flow from $2,239/mo rent with a $1,346/mo payment. Total monthly income totals $2,239/mo, and annual cash flow totals $7,224/yr on $91,163 capital. ROI tracks 27.83% on current figures, and rental yield reads 9.77% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 144.99% and total cumulative return in cash sums $132,179. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,239/mo property income instead of your personal income.
Single Family
Built in 2024
7,840 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LeAnne Carswell • Expert Real Estate Team
Mls Name: WUMLS
Mls ID: #20292642