2529 Pine StPelionSC29123
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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 Pelion at 2529 Pine St, Pelion, SC, 29123 priced at $235,000 converts $1,592/mo rent into $193/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,592/mo, and annual cash flow totals $2,320/yr on $77,903 invested. Return on cash invested prints 22.89% in year one, and rental yield reads 8.13% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 118.54% and total cumulative return in cash sums $92,344. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,592/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Manufactured
Built in 2002
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29123, Pelion, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,119 (100%) |
| Owner Occupied HU | 2,339 (75.0%) |
| Renter Occupied HU | 477 (15.3%) |
| Vacant Housing Units | 303 ( 9.7%) |
| Median Home Value | $211,914 |
| Average Home Value | $263,011 |
Housing Distribution
Address Breakdown
Residential
2,977
Single Family
2,977
Multi-Family
0
Businesses
109
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Listed by: Mark Kneece • EXIT Real Est Consultants
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #597591
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC