555 Bishop RdUnionSC29379
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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 Union at 555 Bishop Rd, Union, SC, 29379 priced at $165,000 converts $1,211/mo rent into $228/mo cash flow after a $808/mo obligation. Total monthly income equals $1,211/mo, and annual cash flow totals $2,741/yr on $54,698 invested. Return on cash invested prints 24.92% in year one, and rental yield reads 8.81% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 129.46% and total cumulative return in cash sums $70,811. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,211/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29379, Union, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,146 (100%) |
| Owner Occupied HU | 5,365 (58.7%) |
| Renter Occupied HU | 2,446 (26.7%) |
| Vacant Housing Units | 1,335 (14.6%) |
| Median Home Value | $119,903 |
| Average Home Value | $168,566 |
Housing Distribution
Address Breakdown
Residential
8,243
Single Family
7,930
Multi-Family
313
Businesses
745
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Listed by: Christina Bowers • Realty One Group Reside
Mls Name: Greater Greenville AOR
Mls ID: #1577441