299 Sequoyah DrChesneeSC29323
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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 299 Sequoyah Dr, Chesnee, SC, 29323 priced at $399,900 converts $2,071/mo rent into after a $1,957/mo obligation. Total monthly income equals $2,071/mo. Return on cash invested prints 17.11% in year one, and rental yield reads 6.21% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 87.52% and total cumulative return in cash sums $116,024. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,071/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.64 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: Kimberly L Boheler • HOMELAND REALTY GROUP
Mls Name: SAR
Mls ID: #330822