5 Texas StHonea PathSC29654
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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
Rental property for sale in Honea Path at 5 Texas St, Honea Path, SC, 29654 priced at $165,000 converts $1,373/mo rent into $390/mo cash flow after a $808/mo obligation. Total monthly income equals $1,373/mo, and annual cash flow totals $4,685/yr on $54,698 invested. Return on cash invested prints 28.47% in year one, and rental yield reads 9.99% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 148.52% and total cumulative return in cash sums $81,239. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,373/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29654, Honea Path, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,585 (100%) |
| Owner Occupied HU | 3,333 (72.7%) |
| Renter Occupied HU | 805 (17.6%) |
| Vacant Housing Units | 447 ( 9.7%) |
| Median Home Value | $196,450 |
| Average Home Value | $227,286 |
Housing Distribution
Address Breakdown
Residential
4,334
Single Family
4,334
Multi-Family
0
Businesses
243
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Listed by: Valerie Frei-Betancur • Weichert Realtors-Shaun & Shari Group
Mls Name: SAR
Mls ID: #329319