500 W Calhoun StJoannaSC29351
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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 Joanna at 500 W Calhoun St, Joanna, SC, 29351 generates $1,172/mo in rent and, after a $636/mo payment, leaves $399/mo in cash flow. Total monthly income is $1,172/mo, and annual cash flow is $4,782/yr on $43,062 invested. Return on cash invested sits at 31.01% in year one, and rental yield is 10.83% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 162.12% and total cumulative return in cash sums $69,811. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,172/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29351, Joanna, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 785 (100%) |
| Owner Occupied HU | 509 (64.8%) |
| Renter Occupied HU | 157 (20.0%) |
| Vacant Housing Units | 119 (15.2%) |
| Median Home Value | $154,167 |
| Average Home Value | $220,157 |
Housing Distribution
Address Breakdown
Residential
639
Single Family
639
Multi-Family
0
Businesses
43
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Listed by: Cathy Clay • Allen Tate Co. - Greenville
Mls Name: Greater Greenville AOR
Mls ID: #1574983