435 Briggs 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 435 Briggs Dr, Easley, SC, 29642 uses $106,740 cash to close to unlock $5,799/yr annual cash flow and $483/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,576/mo payment keeps the spread at $483/mo. Purchase price stands at $321,990, and rental yield measures 8.94% with $2,400/mo rent. Return on cash invested shows 25.34% in year one, and 5% annual appreciation builds toward $88,960 over five years. Five-year ROI reaches 131.7% and total cumulative return in cash records $140,572. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,576/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A 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: Chelsea Cathcart • DRB Group South Carolina, LLC
Mls Name: WUMLS
Mls ID: #20296148