303 Mykonos DrMauldinSC29662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mauldin at 303 Mykonos Dr, Mauldin, SC, 29662 with 5% annual appreciation on a $267,150 basis while $2,040/mo rent supports operations. Total monthly income totals $2,040/mo and a $1,308/mo payment preserves $449/mo for cash returns. Annual cash flow comes to $5,391/yr on $88,560 deployed, and return on cash invested reaches 26% in year one. Equity gained on principal adds $1,724/yr, and five-year appreciation sums $73,809 alongside rental yield of 9.16%. Five-year ROI measures 135.21% and total cumulative return in cash totals $119,742.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,040/mo property income versus a $1,308/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in N/A
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29662, Mauldin, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,928 (100%) |
| Owner Occupied HU | 4,109 (59.3%) |
| Renter Occupied HU | 2,419 (34.9%) |
| Vacant Housing Units | 400 ( 5.8%) |
| Median Home Value | $275,310 |
| Average Home Value | $318,558 |
Housing Distribution
Address Breakdown
Residential
7,058
Single Family
5,612
Multi-Family
1,446
Businesses
774
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natalia Brown • SM South Carolina Brokerage, L
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1573259
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.