3550 Old Furnace RdChesneeSC29323
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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 3550 Old Furnace Rd, Chesnee, SC, 29323 listed at $295,000 pairs $2,597/mo rent with a $1,444/mo payment to leave $841/mo cash flow. Total monthly income runs $2,597/mo, and annual cash flow reaches $10,090/yr on $97,793 cash to close. Return on cash invested measures 30.23% in year one, and rental yield registers 10.56% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 157.85% and total cumulative return in cash totals $154,370. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,597/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.30 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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Listed by: Kellie Olinsky • Allen Tate Company - Greer
Mls Name: Greater Greenville AOR
Mls ID: #1574546