305 N Carolina AveChesneeSC29323
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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 Chesnee at 305 N Carolina Ave, Chesnee, SC, 29323 with 5% annual appreciation on a $219,800 basis while $2,880/mo rent supports operations. Total monthly income totals $2,880/mo and a $1,076/mo payment preserves $1,571/mo for cash returns. Annual cash flow comes to $18,857/yr on $72,864 deployed, and return on cash invested reaches 45.79% in year one. Equity gained on principal adds $1,418/yr, and five-year appreciation sums $60,727 alongside rental yield of 15.72%. Five-year ROI measures 241.35% and total cumulative return in cash totals $175,856.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,880/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
1 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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