257 Mahaffey StBeltonSC29627
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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
Investment property for sale in Belton at 257 Mahaffey St, Belton, SC, 29627 uses $79,560 cash to close to unlock $2,719/yr annual cash flow and $227/mo monthly cash flow. Total monthly income runs $1,762/mo, and a $1,175/mo payment keeps the spread at $227/mo. Purchase price stands at $240,000, and rental yield measures 8.81% with $1,762/mo rent. Return on cash invested shows 23.33% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 121.47% and total cumulative return in cash records $96,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,762/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29627, Belton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,533 (100%) |
| Owner Occupied HU | 6,309 (73.9%) |
| Renter Occupied HU | 1,545 (18.1%) |
| Vacant Housing Units | 679 ( 8.0%) |
| Median Home Value | $231,151 |
| Average Home Value | $296,921 |
Housing Distribution
Address Breakdown
Residential
8,109
Single Family
8,045
Multi-Family
64
Businesses
356
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Listed by: Analeisa Latham • Keller Williams Upstate Legacy
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1561671
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.