595 Morris LnWest UnionSC29696
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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 West Union at 595 Morris Ln, West Union, SC, 29696 priced at $850,000 converts $2,723/mo rent into after a $4,160/mo obligation. Total monthly income equals $2,723/mo. Return on cash invested prints 10.03% in year one, and rental yield reads 3.84% against a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation compiles into $234,839 by year five. Five-year ROI reaches 49.54% and total cumulative return in cash sums $138,550. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,723/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Single Family
Built in 1982
42.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29696, West Union, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,560 (100%) |
| Owner Occupied HU | 1,834 (71.6%) |
| Renter Occupied HU | 289 (11.3%) |
| Vacant Housing Units | 437 (17.1%) |
| Median Home Value | $340,930 |
| Average Home Value | $517,290 |
Housing Distribution
Address Breakdown
Residential
2,144
Single Family
2,086
Multi-Family
58
Businesses
175
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Listed by: Megan Thomas • Thomas Realty
Mls Name: WUMLS
Mls ID: #20292403