2673 Piney Grove Church RdGreshamSC29546
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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 Gresham at 2673 Piney Grove Church Rd, Gresham, SC, 29546 offers $934/mo rent that, after a $582/mo payment, leaves $226/mo cash flow. Total monthly income is $934/mo, and annual cash flow is $2,713/yr on $39,449 cash. Return on cash invested measures 26.79% in year one, and rental yield stands at 9.42% at a $119,000 entry. Equity gained on principal adds $768/yr while 5% annual appreciation compounds into $32,878 by year five. Five-year ROI records 139.58% and total cumulative return in cash reaches $55,061. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $934/mo property income versus a $582/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1991
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29546, Gresham, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,183 (100%) |
| Owner Occupied HU | 805 (68.0%) |
| Renter Occupied HU | 192 (16.2%) |
| Vacant Housing Units | 186 (15.7%) |
| Median Home Value | $121,040 |
| Average Home Value | $209,863 |
Housing Distribution
Address Breakdown
Residential
1,112
Single Family
1,112
Multi-Family
0
Businesses
30
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Listed by: Candice T Spivey • Realty One Group Dockside Cnwy
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20250895
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