458 Ballard RdPelzerSC29669
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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 Pelzer at 458 Ballard Rd, Pelzer, SC, 29669 offers a 8.32% rental yield on a $298,000 purchase with $2,065/mo rent. Total monthly income registers $2,065/mo, and a $1,459/mo payment leaves $291/mo available for distribution. Annual cash flow reaches $3,487/yr on $98,787 to close, and return on cash invested stands at 23.44% in year one. Equity gained on principal adds $1,923/yr while 5% annual appreciation supports $82,332 over five years. Portfolio math shows five-year ROI at 121.48% and total cumulative return in cash at $120,008. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,065/mo property income against a $1,459/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29669, Pelzer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,257 (100%) |
| Owner Occupied HU | 4,721 (75.5%) |
| Renter Occupied HU | 1,039 (16.6%) |
| Vacant Housing Units | 497 ( 7.9%) |
| Median Home Value | $297,049 |
| Average Home Value | $366,864 |
Housing Distribution
Address Breakdown
Residential
5,764
Single Family
5,764
Multi-Family
0
Businesses
247
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Listed by: Robert Haney • Terranova Realty Group
Mls Name: Greater Greenville AOR
Mls ID: #1562929