307 Musgrave CtPiedmontSC29673
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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 Piedmont at 307 Musgrave Ct, Piedmont, SC, 29673 priced at $296,060 converts $2,510/mo rent into $748/mo cash flow after a $1,449/mo obligation. Total monthly income equals $2,510/mo, and annual cash flow totals $8,972/yr on $98,144 invested. Return on cash invested prints 29.05% in year one, and rental yield reads 10.17% against a $296,060 entry. Equity gained on principal adds $1,910/yr, while 5% annual appreciation compiles into $81,796 by year five. Five-year ROI reaches 151.56% and total cumulative return in cash sums $148,751. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,510/mo property income covering a $1,449/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.38 Acres lot
$N/A/sqft
No 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: Sparkle Beam • Jubilee Realty, LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1522288
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.