406 Charles Kneece RdLeesvilleSC29070
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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 Leesville at 406 Charles Kneece Rd, Leesville, SC, 29070 uses $44,753 cash to close to unlock $2,654/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $1,025/mo, and a $661/mo payment keeps the spread at $221/mo. Purchase price stands at $135,000, and rental yield measures 9.11% with $1,025/mo rent. Return on cash invested shows 25.84% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 134.42% and total cumulative return in cash records $60,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,025/mo property income covering a $661/mo payment rather than investor’s personal income.
Manufactured
Built in 1989
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29070, Leesville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,151 (100%) |
| Owner Occupied HU | 5,849 (71.8%) |
| Renter Occupied HU | 1,035 (12.7%) |
| Vacant Housing Units | 1,267 (15.5%) |
| Median Home Value | $290,922 |
| Average Home Value | $349,829 |
Housing Distribution
Address Breakdown
Residential
7,402
Single Family
7,402
Multi-Family
0
Businesses
433
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Listed by: Molly Sims • RE/MAX At The Lake
Mls Name: Consolidated MLS
Mls ID: #618682