307 Fairway DrPickensSC29671
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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 Pickens at 307 Fairway Dr, Pickens, SC, 29671 priced at $649,000 pairs $3,382/mo rent with after a $3,177/mo payment. Total monthly income equals $3,382/mo. Return on cash invested is 17.35% in year one, and rental yield stands at 6.25% on a $649,000 basis. Equity gained on principal adds $4,188/yr, and 5% annual appreciation accumulates to $179,307 by year five. Five-year ROI measures 88.8% and total cumulative return in cash reaches $189,612. For financing, Ziffy Mortgage’s DSCR program evaluates $3,382/mo property income against a $3,177/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29671, Pickens, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,804 (100%) |
| Owner Occupied HU | 6,427 (73.0%) |
| Renter Occupied HU | 1,403 (15.9%) |
| Vacant Housing Units | 974 (11.1%) |
| Median Home Value | $240,850 |
| Average Home Value | $280,779 |
Housing Distribution
Address Breakdown
Residential
8,188
Single Family
8,185
Multi-Family
3
Businesses
594
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Listed by: Lisa Humphreys • Coldwell Banker Caine/Williams
Mls Name: WUMLS
Mls ID: #20291681