400 Rampey StEasleySC29640
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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 Easley at 400 Rampey St, Easley, SC, 29640 uses $74,588 cash to close to unlock $3,083/yr annual cash flow and $257/mo monthly cash flow. Total monthly income runs $1,596/mo, and a $1,101/mo payment keeps the spread at $257/mo. Purchase price stands at $225,000, and rental yield measures 8.51% with $1,596/mo rent. Return on cash invested shows 24.04% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 124.7% and total cumulative return in cash records $93,009. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,596/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in N/A
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29640, Easley, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,586 (100%) |
| Owner Occupied HU | 10,466 (67.2%) |
| Renter Occupied HU | 3,897 (25.0%) |
| Vacant Housing Units | 1,223 ( 7.8%) |
| Median Home Value | $251,960 |
| Average Home Value | $291,439 |
Housing Distribution
Address Breakdown
Residential
14,545
Single Family
14,205
Multi-Family
340
Businesses
1,049
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Listed by: Aundrea Gibbs • Gibbs Realty & Auction Company
Mls Name: Greater Greenville AOR
Mls ID: #1578432