405 Creek DrEasleySC29642
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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 405 Creek Dr, Easley, SC, 29642 offers a 9.53% rental yield on a $310,000 purchase with $2,461/mo rent. Total monthly income registers $2,461/mo, and a $1,517/mo payment leaves $616/mo available for distribution. Annual cash flow reaches $7,391/yr on $102,765 to close, and return on cash invested stands at 27.1% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 141.09% and total cumulative return in cash at $144,991. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,461/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29642, Easley, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,377 (100%) |
| Owner Occupied HU | 12,089 (78.6%) |
| Renter Occupied HU | 2,460 (16.0%) |
| Vacant Housing Units | 828 ( 5.4%) |
| Median Home Value | $294,353 |
| Average Home Value | $333,714 |
Housing Distribution
Address Breakdown
Residential
15,301
Single Family
14,406
Multi-Family
895
Businesses
424
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Listed by: Lisa Alexander • Del-Co Realty Group, Inc.
Mls Name: Greater Greenville AOR
Mls ID: #1572600