303 Penland LnPiedmontSC29673
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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 Piedmont at 303 Penland Ln, Piedmont, SC, 29673 offers a 7.68% rental yield on a $396,900 purchase with $2,539/mo rent. 04% in year one. Equity gained on principal adds $2,561/yr while 5% annual appreciation supports $109,656 over five years. Portfolio math shows five-year ROI at 83.77% and total cumulative return in cash at $110,223. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,539/mo property income against a $1,943/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,840 sqft lot
$N/A/sqft
$600 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29673, Piedmont, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,431 (100%) |
| Owner Occupied HU | 9,512 (70.8%) |
| Renter Occupied HU | 3,101 (23.1%) |
| Vacant Housing Units | 818 ( 6.1%) |
| Median Home Value | $277,568 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
13,462
Single Family
12,786
Multi-Family
676
Businesses
994
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Listed by: Kelly Jo Hard • MTH SC Realty, LLC
Mls Name: SAR
Mls Provider:
Mls ID: #329010
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-19 03:57:53 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#329)