251 N Lake Emory DrInmanSC29349
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 Inman at 251 N Lake Emory Dr, Inman, SC, 29349 priced at $600,000 converts $3,648/mo rent into $76/mo cash flow after a $2,937/mo obligation. Total monthly income equals $3,648/mo, and annual cash flow totals $912/yr on $197,400 invested. Return on cash invested prints 20.52% in year one, and rental yield reads 7.3% against a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 105.78% and total cumulative return in cash sums $208,812. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,648/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Single Family
Built in 2007
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29349, Inman, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,711 (100%) |
| Owner Occupied HU | 12,425 (79.1%) |
| Renter Occupied HU | 2,262 (14.4%) |
| Vacant Housing Units | 1,024 ( 6.5%) |
| Median Home Value | $281,759 |
| Average Home Value | $325,145 |
Housing Distribution
Address Breakdown
Residential
15,968
Single Family
15,967
Multi-Family
1
Businesses
714
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Listed by: Nicholas Paduano • Keller Williams Greenville Central
Mls Name: Greater Greenville AOR
Mls ID: #1568637