510 Chestnut StReidvilleSC29375
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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 Reidville at 510 Chestnut St, Reidville, SC, 29375 generates $1,674/mo in rent and, after a $1,219/mo payment, leaves $191/mo in cash flow. Total monthly income is $1,674/mo, and annual cash flow is $2,298/yr on $82,544 invested. Return on cash invested sits at 22.69% in year one, and rental yield is 8.07% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 117.49% and total cumulative return in cash sums $96,980. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,674/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29375, Reidville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
117
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Listed by: Shirley Austin • Servus Realty Group
Mls Name: Greater Greenville AOR
Mls ID: #1573185