655 Forest DrCross HillSC29332
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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
Investment property for sale in Cross Hill at 655 Forest Dr, Cross Hill, SC, 29332 uses $94,444 cash to close to unlock $990/yr annual cash flow and $82/mo monthly cash flow. Total monthly income runs $1,778/mo, and a $1,394/mo payment keeps the spread at $82/mo. Purchase price stands at $284,900, and rental yield measures 7.49% with $1,778/mo rent. Return on cash invested shows 20.96% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 108.16% and total cumulative return in cash records $102,155. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,778/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29332, Cross Hill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,940 (100%) |
| Owner Occupied HU | 962 (49.6%) |
| Renter Occupied HU | 160 ( 8.2%) |
| Vacant Housing Units | 818 (42.2%) |
| Median Home Value | $202,924 |
| Average Home Value | $204,504 |
Housing Distribution
Address Breakdown
Residential
1,356
Single Family
1,356
Multi-Family
0
Businesses
39
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Listed by: Tonya Wiley • Wiley Real Estate LLC
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #134912