507 Rochester HwySenecaSC29672
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Nearby investment properties with comparable prices
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 507 Rochester Hwy, Seneca, SC, 29672 priced at $349,000 pairs $1,591/mo rent with after a $1,708/mo payment. Total monthly income equals $1,591/mo. Return on cash invested is 14.86% in year one, and rental yield stands at 5.47% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 75.49% and total cumulative return in cash reaches $87,336. For financing, Ziffy Mortgage’s DSCR program evaluates $1,591/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
N/A 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: Sherry Atkinson • Clardy Real Estate
Mls Name: WUMLS
Mls ID: #20292931