25 S Riegel AveWare ShoalsSC29692
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 Ware Shoals at 25 S Riegel Ave, Ware Shoals, SC, 29692 generates $1,824/mo in rent and, after a $1,072/mo payment, leaves $520/mo in cash flow. Total monthly income is $1,824/mo, and annual cash flow is $6,243/yr on $72,599 invested. Return on cash invested sits at 28.51% in year one, and rental yield is 9.99% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 148.69% and total cumulative return in cash sums $107,949. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,824/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29692, Ware Shoals, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,334 (100%) |
| Owner Occupied HU | 1,482 (63.5%) |
| Renter Occupied HU | 472 (20.2%) |
| Vacant Housing Units | 380 (16.3%) |
| Median Home Value | $108,929 |
| Average Home Value | $164,098 |
Housing Distribution
Address Breakdown
Residential
1,985
Single Family
1,957
Multi-Family
28
Businesses
130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Naika Maldonado • Keller Williams Grv Upst
Mls Name: Greater Greenville AOR
Mls ID: #1572398