704 W Grady StSenecaSC29678
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Nearby investment properties with comparable prices
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 Seneca at 704 W Grady St, Seneca, SC, 29678 uses $69,582 cash to close to unlock $6,478/yr annual cash flow and $540/mo monthly cash flow. Total monthly income runs $1,789/mo, and a $1,027/mo payment keeps the spread at $540/mo. Purchase price stands at $209,900, and rental yield measures 10.23% with $1,789/mo rent. Return on cash invested shows 29.22% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 152.45% and total cumulative return in cash records $106,076. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,789/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Single Family
Built in 1966
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29678, Seneca, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,419 (100%) |
| Owner Occupied HU | 7,101 (57.2%) |
| Renter Occupied HU | 3,583 (28.9%) |
| Vacant Housing Units | 1,735 (14.0%) |
| Median Home Value | $232,752 |
| Average Home Value | $286,035 |
Housing Distribution
Address Breakdown
Residential
11,044
Single Family
10,190
Multi-Family
854
Businesses
842
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Listed by: Daniel Delmarco • Keller Williams Seneca
Mls Name: WUMLS
Mls ID: #20289881