511 Double Branch RdCowpensSC29330
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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 Cowpens at 511 Double Branch Rd, Cowpens, SC, 29330 offers $1,820/mo rent that, after a $979/mo payment, leaves $629/mo cash flow. Total monthly income is $1,820/mo, and annual cash flow is $7,552/yr on $66,300 cash. Return on cash invested measures 31.3% in year one, and rental yield stands at 10.92% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 163.67% and total cumulative return in cash reaches $108,512. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,820/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
4.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29330, Cowpens, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,112 (100%) |
| Owner Occupied HU | 2,952 (71.8%) |
| Renter Occupied HU | 804 (19.6%) |
| Vacant Housing Units | 356 ( 8.7%) |
| Median Home Value | $219,954 |
| Average Home Value | $263,270 |
Housing Distribution
Address Breakdown
Residential
3,563
Single Family
3,491
Multi-Family
72
Businesses
179
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Listed by: JACK GOWAN • RE/MAX Executive Spartanburg
Mls Name: SAR
Mls ID: #331763