649 Sunny Slope DrCowpensSC29330
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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 Cowpens at 649 Sunny Slope Dr, Cowpens, SC, 29330 priced at $550,000 converts $3,392/mo rent into $118/mo cash flow after a $2,692/mo obligation. Total monthly income equals $3,392/mo, and annual cash flow totals $1,415/yr on $180,950 invested. Return on cash invested prints 20.84% in year one, and rental yield reads 7.4% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 107.5% and total cumulative return in cash sums $194,518. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,392/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 2018
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29330, Cowpens, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,112 (100%) |
| Owner Occupied HU | 2,952 (71.8%) |
| Renter Occupied HU | 804 (19.6%) |
| Vacant Housing Units | 356 ( 8.7%) |
| Median Home Value | $219,954 |
| Average Home Value | $263,270 |
Housing Distribution
Address Breakdown
Residential
3,563
Single Family
3,491
Multi-Family
72
Businesses
179
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Listed by: Randal Longo • I SAVE REALTY
Mls Name: SAR
Mls Provider:
Mls ID: #321824
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.