343 Main StConverseSC29329
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Converse at 343 Main St, Converse, SC, 29329 priced at $125,000 converts $1,349/mo rent into $605/mo cash flow after a $612/mo obligation. Total monthly income equals $1,349/mo, and annual cash flow totals $7,257/yr on $41,438 invested. Return on cash invested prints 37.42% in year one, and rental yield reads 12.95% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 196.47% and total cumulative return in cash sums $81,413. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,349/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1920
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29329, Converse, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
17
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Nearby investment properties with comparable prices
Listed by: Carlos Bedoya • RE/MAX Results Greenville
Mls Name: Greater Greenville AOR
Mls ID: #1574964