279 Locust StClintonSC29325
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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 Clinton at 279 Locust St, Clinton, SC, 29325 priced at $160,000 pairs $824/mo rent with after a $783/mo payment. Total monthly income equals $824/mo. Return on cash invested is 17.01% in year one, and rental yield stands at 6.18% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 87.02% and total cumulative return in cash reaches $46,154. For financing, Ziffy Mortgage’s DSCR program evaluates $824/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29325, Clinton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,625 (100%) |
| Owner Occupied HU | 3,758 (56.7%) |
| Renter Occupied HU | 1,899 (28.7%) |
| Vacant Housing Units | 968 (14.6%) |
| Median Home Value | $174,257 |
| Average Home Value | $223,142 |
Housing Distribution
Address Breakdown
Residential
5,867
Single Family
5,585
Multi-Family
282
Businesses
542
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Listed by: Jennifer Garrett • Simpson Land and Home
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1555804
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.