581 Paramount DrSenecaSC29678
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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
Investment property for sale in Seneca at 581 Paramount Dr, Seneca, SC, 29678 listed at $995,000 pairs $6,235/mo rent with a $4,870/mo payment to leave $312/mo cash flow. Total monthly income runs $6,235/mo, and annual cash flow reaches $3,744/yr on $327,355 cash to close. Return on cash invested measures 21.2% in year one, and rental yield registers 7.52% at a $995,000 basis. Equity gained on principal adds $6,421/yr, and annual property appreciation at 5% supports $274,900 by year five. Five-year ROI tracks 109.43% and total cumulative return in cash totals $358,230. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,235/mo property income relative to a $4,870/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
5.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29678, Seneca, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,419 (100%) |
| Owner Occupied HU | 7,101 (57.2%) |
| Renter Occupied HU | 3,583 (28.9%) |
| Vacant Housing Units | 1,735 (14.0%) |
| Median Home Value | $232,752 |
| Average Home Value | $286,035 |
Housing Distribution
Address Breakdown
Residential
11,044
Single Family
10,190
Multi-Family
854
Businesses
842
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Listed by: Susanne Flynn • Flynn Realty
Mls Name: WUMLS
Mls ID: #20289593