503 Torrington DrDuncanSC29334
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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 Duncan at 503 Torrington Dr, Duncan, SC, 29334 priced at $290,000 converts $2,097/mo rent into $371/mo cash flow after a $1,419/mo obligation. Total monthly income equals $2,097/mo, and annual cash flow totals $4,453/yr on $96,135 invested. Return on cash invested prints 24.54% in year one, and rental yield reads 8.68% against a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,122 by year five. Five-year ROI reaches 127.4% and total cumulative return in cash sums $122,476. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,097/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in N/A
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29334, Duncan, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,399 (100%) |
| Owner Occupied HU | 5,090 (68.8%) |
| Renter Occupied HU | 1,843 (24.9%) |
| Vacant Housing Units | 466 ( 6.3%) |
| Median Home Value | $292,824 |
| Average Home Value | $298,164 |
Housing Distribution
Address Breakdown
Residential
7,955
Single Family
6,556
Multi-Family
1,399
Businesses
617
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Listed by: Benjamin Zimmer • RE/MAX Moves Greer
Mls Name: Greater Greenville AOR
Mls ID: #1576677