314 S 7th StEasleySC29640
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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 Easley at 314 S 7th St, Easley, SC, 29640 priced at $194,900 pairs $1,272/mo rent with $112/mo cash flow after a $954/mo payment. Total monthly income equals $1,272/mo, and annual cash flow comes to $1,341/yr on $64,609 invested. Return on cash invested is 21.98% in year one, and rental yield stands at 7.83% on a $194,900 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,847 by year five. Five-year ROI measures 113.69% and total cumulative return in cash reaches $73,455. For financing, Ziffy Mortgage’s DSCR program evaluates $1,272/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29640, Easley, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,586 (100%) |
| Owner Occupied HU | 10,466 (67.2%) |
| Renter Occupied HU | 3,897 (25.0%) |
| Vacant Housing Units | 1,223 ( 7.8%) |
| Median Home Value | $251,960 |
| Average Home Value | $291,439 |
Housing Distribution
Address Breakdown
Residential
14,545
Single Family
14,205
Multi-Family
340
Businesses
1,049
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Listed by: Cameron Simmons • D H P Real Estate LLC
Mls Name: Greater Greenville AOR
Mls ID: #1557409