303 N Norris DrNorrisSC29667
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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 Norris at 303 N Norris Dr, Norris, SC, 29667 priced at $579,900 pairs $2,726/mo rent with after a $2,838/mo payment. Total monthly income equals $2,726/mo. Return on cash invested is 15.5% in year one, and rental yield stands at 5.64% on a $579,900 basis. Equity gained on principal adds $3,742/yr, and 5% annual appreciation accumulates to $160,216 by year five. Five-year ROI measures 78.84% and total cumulative return in cash reaches $150,409. For financing, Ziffy Mortgage’s DSCR program evaluates $2,726/mo property income against a $2,838/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
3.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29667, Norris, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 107 (100%) |
| Owner Occupied HU | 71 (66.4%) |
| Renter Occupied HU | 18 (16.8%) |
| Vacant Housing Units | 18 (16.8%) |
| Median Home Value | $155,833 |
| Average Home Value | $154,261 |
Housing Distribution
Address Breakdown
Residential
84
Single Family
84
Multi-Family
0
Businesses
26
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Nearby investment properties with comparable prices
Listed by: Ashley Davis • Brand Name Real Estate Upstate
Mls Name: WUMLS
Mls ID: #20292232