302 Meadowlark LnSenecaSC29672
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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 Seneca at 302 Meadowlark Ln, Seneca, SC, 29672 priced at $669,000 converts $4,182/mo rent into after a $3,274/mo obligation. Total monthly income equals $4,182/mo. Return on cash invested prints 19.69% in year one, and rental yield reads 7.5% against a $669,000 entry. Equity gained on principal adds $4,317/yr, while 5% annual appreciation compiles into $184,832 by year five. Five-year ROI reaches 101.84% and total cumulative return in cash sums $224,151. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,182/mo property income covering a $3,274/mo payment, not borrower’s personal income.
Single Family
Built in 2005
2.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29672, Seneca, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,418 (100%) |
| Owner Occupied HU | 4,776 (64.4%) |
| Renter Occupied HU | 1,406 (19.0%) |
| Vacant Housing Units | 1,236 (16.7%) |
| Median Home Value | $579,159 |
| Average Home Value | $722,852 |
Housing Distribution
Address Breakdown
Residential
6,724
Single Family
6,624
Multi-Family
100
Businesses
240
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Listed by: Mike Roach • Top Guns Realty
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1533566
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.