375 Griggs RdSix MileSC29682
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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 Six Mile at 375 Griggs Rd, Six Mile, SC, 29682 generates $1,355/mo in rent and, after a $978/mo payment, leaves $165/mo in cash flow. Total monthly income is $1,355/mo, and annual cash flow is $1,985/yr on $66,267 invested. Return on cash invested sits at 22.9% in year one, and rental yield is 8.13% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 118.63% and total cumulative return in cash sums $78,613. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,355/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29682, Six Mile, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,328 (100%) |
| Owner Occupied HU | 1,704 (73.2%) |
| Renter Occupied HU | 206 ( 8.8%) |
| Vacant Housing Units | 418 (18.0%) |
| Median Home Value | $311,228 |
| Average Home Value | $459,384 |
Housing Distribution
Address Breakdown
Residential
1,852
Single Family
1,834
Multi-Family
18
Businesses
92
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Listed by: Jason Dillard • DHP Real Estate, LLC
Mls Name: WUMLS
Mls ID: #20290779