308 Burgess School RdPelzerSC29669
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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 Pelzer at 308 Burgess School Rd, Pelzer, SC, 29669 uses $91,163 cash to close to unlock $2,688/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,861/mo, and a $1,346/mo payment keeps the spread at $224/mo. Purchase price stands at $275,000, and rental yield measures 8.12% with $1,861/mo rent. Return on cash invested shows 22.86% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 118.34% and total cumulative return in cash records $107,879. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,861/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2018
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29669, Pelzer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,257 (100%) |
| Owner Occupied HU | 4,721 (75.5%) |
| Renter Occupied HU | 1,039 (16.6%) |
| Vacant Housing Units | 497 ( 7.9%) |
| Median Home Value | $297,049 |
| Average Home Value | $366,864 |
Housing Distribution
Address Breakdown
Residential
5,764
Single Family
5,764
Multi-Family
0
Businesses
247
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Listed by: Michelle Peterson • BHHS C Dan Joyner - Midtown
Mls Name: Greater Greenville AOR
Mls ID: #1579377