501 Old Grove RdPiedmontSC29673
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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 Piedmont at 501 Old Grove Rd, Piedmont, SC, 29673 earns $266/mo cash flow from $1,159/mo rent with a $734/mo payment. Total monthly income totals $1,159/mo, and annual cash flow totals $3,195/yr on $49,723 capital. ROI tracks 26.33% on current figures, and rental yield reads 9.27% at a $149,995 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,441 over five years. Five-year ROI reaches 137.09% and total cumulative return in cash sums $68,164. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,159/mo property income instead of your personal income.
Single Family
Built in 1956
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29673, Piedmont, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,431 (100%) |
| Owner Occupied HU | 9,512 (70.8%) |
| Renter Occupied HU | 3,101 (23.1%) |
| Vacant Housing Units | 818 ( 6.1%) |
| Median Home Value | $277,568 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
13,462
Single Family
12,786
Multi-Family
676
Businesses
994
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Listed by: Brian Welborn • BHHS C Dan Joyner - Augusta Rd
Mls Name: Greater Greenville AOR
Mls ID: #1567990