704 Adaline DrInmanSC29349
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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 Inman at 704 Adaline Dr, Inman, SC, 29349 uses $107,406 cash to close to unlock $5,869/yr annual cash flow and $489/mo monthly cash flow. Total monthly income runs $2,418/mo, and a $1,586/mo payment keeps the spread at $489/mo. Purchase price stands at $324,000, and rental yield measures 8.96% with $2,418/mo rent. Return on cash invested shows 25.37% in year one, and 5% annual appreciation builds toward $89,515 over five years. Five-year ROI reaches 131.88% and total cumulative return in cash records $141,647. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,418/mo property income covering a $1,586/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29349, Inman, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,711 (100%) |
| Owner Occupied HU | 12,425 (79.1%) |
| Renter Occupied HU | 2,262 (14.4%) |
| Vacant Housing Units | 1,024 ( 6.5%) |
| Median Home Value | $281,759 |
| Average Home Value | $325,145 |
Housing Distribution
Address Breakdown
Residential
15,968
Single Family
15,967
Multi-Family
1
Businesses
714
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Listed by: Sherry Reavis • RE/MAX Journey
Mls Name: Greater Greenville AOR
Mls ID: #1564328