37 Spring StPelzerSC29669
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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 Pelzer at 37 Spring St, Pelzer, SC, 29669 earns $530/mo cash flow from $2,068/mo rent with a $1,248/mo payment. Total monthly income totals $2,068/mo, and annual cash flow totals $6,366/yr on $84,499 capital. ROI tracks 27.44% on current figures, and rental yield reads 9.74% at a $254,900 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,424 over five years. Five-year ROI reaches 143.05% and total cumulative return in cash sums $120,876. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,068/mo property income instead of your personal income.
Single Family
Built in N/A
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29669, Pelzer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,257 (100%) |
| Owner Occupied HU | 4,721 (75.5%) |
| Renter Occupied HU | 1,039 (16.6%) |
| Vacant Housing Units | 497 ( 7.9%) |
| Median Home Value | $297,049 |
| Average Home Value | $366,864 |
Housing Distribution
Address Breakdown
Residential
5,764
Single Family
5,764
Multi-Family
0
Businesses
247
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Listed by: Justin Bailey • Century 21 Blackwell & Co. Rea
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1540024
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.