313 E Union StChesneeSC29323
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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 313 E Union St, Chesnee, SC, 29323 offers a 7.21% rental yield on a $300,000 purchase with $1,802/mo rent. Total monthly income registers $1,802/mo, and a $1,468/mo payment leaves $17/mo available for distribution. Annual cash flow reaches $198/yr on $99,450 to close, and return on cash invested stands at 20.11% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 103.61% and total cumulative return in cash at $103,044. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,802/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1921
0.50 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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