250 Elm St APT 628ClemsonSC29631
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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 Clemson at 250 Elm St APT 628, Clemson, SC, 29631 generates $1,468/mo in rent, after a $1,101/mo payment. Total monthly income is $1,468/mo. Return on cash invested sits at 18.25% in year one, and rental yield is 7.83% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 95% and total cumulative return in cash sums $70,825. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,468/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$2,784 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29631, Clemson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,246 (100%) |
| Owner Occupied HU | 3,017 (36.6%) |
| Renter Occupied HU | 3,969 (48.1%) |
| Vacant Housing Units | 1,260 (15.3%) |
| Median Home Value | $368,243 |
| Average Home Value | $420,176 |
Housing Distribution
Address Breakdown
Residential
6,736
Single Family
5,377
Multi-Family
1,359
Businesses
474
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Listed by: Tracy Reynolds • Re/Max Realty Professionals
Mls Name: WUMLS
Mls Provider:
Mls ID: #20285848
Disclaimer: The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS, Inc. and the Western Upstate Multiple Listing Service, Inc This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Western Upstate Association of REALTORS, Inc. and Western Upstate Multiple Listing Service of South Carolina, Inc. for use by its members and is not intended for the use for any other purpose.