617 Pine Grove RdLeesvilleSC29070
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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 Leesville at 617 Pine Grove Rd, Leesville, SC, 29070 offers $1,001/mo rent that, after a $636/mo payment, leaves $227/mo cash flow. Total monthly income is $1,001/mo, and annual cash flow is $2,729/yr on $43,095 cash. Return on cash invested measures 26.24% in year one, and rental yield stands at 9.24% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 136.56% and total cumulative return in cash reaches $58,851. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,001/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2001
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29070, Leesville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,151 (100%) |
| Owner Occupied HU | 5,849 (71.8%) |
| Renter Occupied HU | 1,035 (12.7%) |
| Vacant Housing Units | 1,267 (15.5%) |
| Median Home Value | $290,922 |
| Average Home Value | $349,829 |
Housing Distribution
Address Breakdown
Residential
7,402
Single Family
7,402
Multi-Family
0
Businesses
433
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Listed by: The Cline Team • Meybohm Real Estate - Aiken
Mls Name: Aiken MLS
Mls ID: #220830