426 S Cove RdSenecaSC29672
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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 Seneca at 426 S Cove Rd, Seneca, SC, 29672 with 5% annual appreciation on a $425,000 basis while $3,617/mo rent supports operations. Total monthly income totals $3,617/mo and a $2,080/mo payment preserves $1,087/mo for cash returns. Annual cash flow comes to $13,047/yr on $140,888 deployed, and return on cash invested reaches 29.17% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 10.21%. Five-year ROI measures 152.22% and total cumulative return in cash totals $214,457.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,617/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29672, Seneca, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,418 (100%) |
| Owner Occupied HU | 4,776 (64.4%) |
| Renter Occupied HU | 1,406 (19.0%) |
| Vacant Housing Units | 1,236 (16.7%) |
| Median Home Value | $579,159 |
| Average Home Value | $722,852 |
Housing Distribution
Address Breakdown
Residential
6,724
Single Family
6,624
Multi-Family
100
Businesses
240
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Nearby investment properties with comparable prices
Listed by: Joseph Marion • Allen Tate - Lake Keowee Seneca (4492)
Mls Name: WUMLS
Mls ID: #20292022