371 Smithview DrChesneeSC29323
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 Chesnee at 371 Smithview Dr, Chesnee, SC, 29323 priced at $250,000 pairs $1,999/mo rent with $510/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,999/mo, and annual cash flow comes to $6,125/yr on $82,875 invested. Return on cash invested is 27.3% in year one, and rental yield stands at 9.6% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 142.19% and total cumulative return in cash reaches $117,838. For financing, Ziffy Mortgage’s DSCR program evaluates $1,999/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.60 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kendra Lovingood • Akers and Associates
Mls Name: SAR
Mls Provider:
Mls ID: #323352
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.