648 Milam RdCLINTONSC29325
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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 CLINTON at 648 Milam Rd, CLINTON, SC, 29325 offers $1,222/mo rent that, after a $857/mo payment, leaves $180/mo cash flow. Total monthly income is $1,222/mo, and annual cash flow is $2,158/yr on $58,013 cash. Return on cash invested measures 23.63% in year one, and rental yield stands at 8.38% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 122.49% and total cumulative return in cash reaches $71,059. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,222/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29325, Clinton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,625 (100%) |
| Owner Occupied HU | 3,758 (56.7%) |
| Renter Occupied HU | 1,899 (28.7%) |
| Vacant Housing Units | 968 (14.6%) |
| Median Home Value | $174,257 |
| Average Home Value | $223,142 |
Housing Distribution
Address Breakdown
Residential
5,867
Single Family
5,585
Multi-Family
282
Businesses
542
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Listed by: Jason Paxton • BHHS C Dan Joyner - Midtown
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1559398
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.