491 Spruce StPacoletSC29372
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Nearby investment properties with comparable prices
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 Pacolet at 491 Spruce St, Pacolet, SC, 29372 offers a 11.57% rental yield on a $100,000 purchase with $964/mo rent. Total monthly income registers $964/mo, and a $489/mo payment leaves $369/mo available for distribution. Annual cash flow reaches $4,430/yr on $33,150 to close, and return on cash invested stands at 33.27% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 174.35% and total cumulative return in cash at $57,796. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $964/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29372, Pacolet, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,256 (100%) |
| Owner Occupied HU | 1,619 (71.8%) |
| Renter Occupied HU | 378 (16.8%) |
| Vacant Housing Units | 259 (11.5%) |
| Median Home Value | $161,060 |
| Average Home Value | $179,498 |
Housing Distribution
Address Breakdown
Residential
1,827
Single Family
1,769
Multi-Family
58
Businesses
78
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Listed by: Meaico Gillespie • Keller Williams Grv Upst
Mls Name: Greater Greenville AOR
Mls ID: #1571900