405 Highland RdEasleySC29640
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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 Highland Rd, Easley, SC, 29640 uses $42,730 cash to close to unlock $9,307/yr annual cash flow and $776/mo monthly cash flow. Total monthly income runs $1,543/mo, and a $631/mo payment keeps the spread at $776/mo. Purchase price stands at $128,900, and rental yield measures 14.36% with $1,543/mo rent. Return on cash invested shows 41.69% in year one, and 5% annual appreciation builds toward $35,613 over five years. Five-year ROI reaches 219.4% and total cumulative return in cash records $93,749. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,543/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1947
0.34 Acres 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: Brandy Hancock • Bluefield Realty Group
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1541922
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.