38 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 38 Spring St, Pelzer, SC, 29669 listed at $318,000 pairs $1,715/mo rent with a $1,556/mo payment. Total monthly income runs $1,715/mo. Return on cash invested measures 17.89% in year one, and rental yield registers 6.47% at a $318,000 basis. Equity gained on principal adds $2,052/yr, and annual property appreciation at 5% supports $87,858 by year five. Five-year ROI tracks 91.7% and total cumulative return in cash totals $96,671. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,715/mo property income relative to a $1,556/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.32 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: Sandra Thomas • Realty One Group Freedom
Mls Name: WUMLS
Mls ID: #20292590