359 Dancing Water DrChesneeSC29323
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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 Chesnee at 359 Dancing Water Dr, Chesnee, SC, 29323 priced at $820,000 converts $2,137/mo rent into after a $4,013/mo obligation. Total monthly income equals $2,137/mo. Return on cash invested prints 7.8% in year one, and rental yield reads 3.13% against a $820,000 entry. Equity gained on principal adds $5,291/yr, while 5% annual appreciation compiles into $226,551 by year five. Five-year ROI reaches 37.58% and total cumulative return in cash sums $101,375. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,137/mo property income covering a $4,013/mo payment, not borrower’s personal income.
Single Family
Built in 2020
1.21 Acres lot
$N/A/sqft
$150 annually 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: Robert Ortega • Keller Williams Realty
Mls Name: SAR
Mls Provider:
Mls ID: #320229
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.