295 Old Mill RdChesneeSC29323
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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 Chesnee at 295 Old Mill Rd, Chesnee, SC, 29323 priced at $435,000 pairs $2,034/mo rent with after a $2,129/mo payment. Total monthly income equals $2,034/mo. Return on cash invested is 15.29% in year one, and rental yield stands at 5.61% on a $435,000 basis. Equity gained on principal adds $2,807/yr, and 5% annual appreciation accumulates to $120,182 by year five. Five-year ROI measures 77.75% and total cumulative return in cash reaches $112,116. For financing, Ziffy Mortgage’s DSCR program evaluates $2,034/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2022
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29323, Chesnee, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,207 (100%) |
| Owner Occupied HU | 5,516 (76.5%) |
| Renter Occupied HU | 1,222 (17.0%) |
| Vacant Housing Units | 469 ( 6.5%) |
| Median Home Value | $241,571 |
| Average Home Value | $280,371 |
Housing Distribution
Address Breakdown
Residential
7,074
Single Family
7,074
Multi-Family
0
Businesses
251
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Listed by: Jeff Millwood • C 21 Blackwell & Co
Mls Name: SAR
Mls ID: #327214