506 Inlet DrSenecaSC29672
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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 506 Inlet Dr, Seneca, SC, 29672 generates $3,500/mo in rent, after a $8,076/mo payment. Total monthly income is $3,500/mo. Return on cash invested sits at 6.18% in year one, and rental yield is 2.55% on a $1,650,000 entry. Equity gained on principal adds $10,647/yr, while 5% annual appreciation builds toward $455,865 over five years. Five-year ROI reaches 28.79% and total cumulative return in cash sums $153,929. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,500/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29672, Seneca, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,418 (100%) |
| Owner Occupied HU | 4,776 (64.4%) |
| Renter Occupied HU | 1,406 (19.0%) |
| Vacant Housing Units | 1,236 (16.7%) |
| Median Home Value | $579,159 |
| Average Home Value | $722,852 |
Housing Distribution
Address Breakdown
Residential
6,724
Single Family
6,624
Multi-Family
100
Businesses
240
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Listed by: Jennifer Harbin • EXP Realty, LLC
Mls Name: WUMLS
Mls ID: #20292795