309 Garrett StMauldinSC29662
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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 Mauldin at 309 Garrett St, Mauldin, SC, 29662 priced at $355,000 pairs $2,250/mo rent with $136/mo cash flow after a $1,738/mo payment. Total monthly income equals $2,250/mo, and annual cash flow comes to $1,636/yr on $117,683 invested. Return on cash invested is 21.3% in year one, and rental yield stands at 7.61% on a $355,000 basis. Equity gained on principal adds $2,291/yr, and 5% annual appreciation accumulates to $98,080 by year five. Five-year ROI measures 110.01% and total cumulative return in cash reaches $129,468. For financing, Ziffy Mortgage’s DSCR program evaluates $2,250/mo property income against a $1,738/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29662, Mauldin, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,928 (100%) |
| Owner Occupied HU | 4,109 (59.3%) |
| Renter Occupied HU | 2,419 (34.9%) |
| Vacant Housing Units | 400 ( 5.8%) |
| Median Home Value | $275,310 |
| Average Home Value | $318,558 |
Housing Distribution
Address Breakdown
Residential
7,058
Single Family
5,612
Multi-Family
1,446
Businesses
774
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Listed by: Amal Yeargin • Amal Yeargin Realty
Mls Name: Greater Greenville AOR
Mls ID: #1571895