403 S Walnut StSenecaSC29678
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 Seneca at 403 S Walnut St, Seneca, SC, 29678 priced at $215,000 converts $2,044/mo rent into $764/mo cash flow after a $1,052/mo obligation. Total monthly income equals $2,044/mo, and annual cash flow totals $9,174/yr on $71,273 invested. Return on cash invested prints 32.78% in year one, and rental yield reads 11.41% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 171.6% and total cumulative return in cash sums $122,305. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,044/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1930
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29678, Seneca, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,419 (100%) |
| Owner Occupied HU | 7,101 (57.2%) |
| Renter Occupied HU | 3,583 (28.9%) |
| Vacant Housing Units | 1,735 (14.0%) |
| Median Home Value | $232,752 |
| Average Home Value | $286,035 |
Housing Distribution
Address Breakdown
Residential
11,044
Single Family
10,190
Multi-Family
854
Businesses
842
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Listed by: Nichole Krieger • Clardy Real Estate
Mls Name: WUMLS
Mls ID: #20294335