53 Main StPelzerSC29669
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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 Pelzer at 53 Main St, Pelzer, SC, 29669 priced at $175,000 converts $1,505/mo rent into $463/mo cash flow after a $857/mo obligation. Total monthly income equals $1,505/mo, and annual cash flow totals $5,554/yr on $58,013 invested. Return on cash invested prints 29.48% in year one, and rental yield reads 10.32% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 153.89% and total cumulative return in cash sums $89,275. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,505/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29669, Pelzer, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,257 (100%) |
| Owner Occupied HU | 4,721 (75.5%) |
| Renter Occupied HU | 1,039 (16.6%) |
| Vacant Housing Units | 497 ( 7.9%) |
| Median Home Value | $297,049 |
| Average Home Value | $366,864 |
Housing Distribution
Address Breakdown
Residential
5,764
Single Family
5,764
Multi-Family
0
Businesses
247
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Listed by: Sheri Alexander • Jackson Stanley, REALTORS
Mls Name: WUMLS
Mls ID: #20295139