503 Ploma DrSenecaSC29678
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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 Seneca at 503 Ploma Dr, Seneca, SC, 29678 generates $3,539/mo in rent and, after a $2,198/mo payment, leaves $866/mo in cash flow. Total monthly income is $3,539/mo, and annual cash flow is $10,390/yr on $148,844 invested. Return on cash invested sits at 26.89% in year one, and rental yield is 9.46% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 139.96% and total cumulative return in cash sums $208,324. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,539/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29678, Seneca, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,419 (100%) |
| Owner Occupied HU | 7,101 (57.2%) |
| Renter Occupied HU | 3,583 (28.9%) |
| Vacant Housing Units | 1,735 (14.0%) |
| Median Home Value | $232,752 |
| Average Home Value | $286,035 |
Housing Distribution
Address Breakdown
Residential
11,044
Single Family
10,190
Multi-Family
854
Businesses
842
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Listed by: Delane Graham • RE/MAX Realty Prof Lake Keowee
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1528793
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.