601 Spruce Pine DrPendletonSC29670
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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 Pendleton at 601 Spruce Pine Dr, Pendleton, SC, 29670 generates $2,640/mo in rent and, after a $1,571/mo payment, leaves $729/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $8,753/yr on $106,378 invested. Return on cash invested sits at 28.14% in year one, and rental yield is 9.87% on a $320,900 entry. Equity gained on principal adds $2,071/yr, while 5% annual appreciation builds toward $88,659 over five years. Five-year ROI reaches 146.67% and total cumulative return in cash sums $156,022. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29670, Pendleton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,063 (100%) |
| Owner Occupied HU | 3,460 (68.3%) |
| Renter Occupied HU | 1,150 (22.7%) |
| Vacant Housing Units | 453 ( 8.9%) |
| Median Home Value | $280,376 |
| Average Home Value | $349,440 |
Housing Distribution
Address Breakdown
Residential
4,747
Single Family
4,592
Multi-Family
155
Businesses
356
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Listed by: Kelly Jo Hard • MTH SC Realty, LLC
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1545100
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.