299 Flatrock RdHonea PathSC29654
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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 Honea Path at 299 Flatrock Rd, Honea Path, SC, 29654 earns $196/mo cash flow from $1,217/mo rent with a $759/mo payment. Total monthly income totals $1,217/mo, and annual cash flow totals $2,354/yr on $51,383 capital. ROI tracks 24.49% on current figures, and rental yield reads 9.42% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 128.04% and total cumulative return in cash sums $65,788. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,217/mo property income instead of your personal income.
Single Family
Built in N/A
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29654, Honea Path, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,585 (100%) |
| Owner Occupied HU | 3,333 (72.7%) |
| Renter Occupied HU | 805 (17.6%) |
| Vacant Housing Units | 447 ( 9.7%) |
| Median Home Value | $196,450 |
| Average Home Value | $227,286 |
Housing Distribution
Address Breakdown
Residential
4,334
Single Family
4,334
Multi-Family
0
Businesses
243
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Listed by: Lisa Meinte • Blackstream International RE (22140)
Mls Name: WUMLS
Mls Provider:
Mls ID: #20285904
Disclaimer: The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS, Inc. and the Western Upstate Multiple Listing Service, Inc This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Western Upstate Association of REALTORS, Inc. and Western Upstate Multiple Listing Service of South Carolina, Inc. for use by its members and is not intended for the use for any other purpose.