711 Scharlin DrPickensSC29671
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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 Pickens at 711 Scharlin Dr, Pickens, SC, 29671 offers a 5.93% rental yield on a $649,671 purchase with $3,208/mo rent. 36% in year one. Equity gained on principal adds $4,192/yr while 5% annual appreciation supports $179,492 over five years. Portfolio math shows five-year ROI at 83.45% and total cumulative return in cash at $178,374. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,208/mo property income against a $3,180/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29671, Pickens, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,804 (100%) |
| Owner Occupied HU | 6,427 (73.0%) |
| Renter Occupied HU | 1,403 (15.9%) |
| Vacant Housing Units | 974 (11.1%) |
| Median Home Value | $240,850 |
| Average Home Value | $280,779 |
Housing Distribution
Address Breakdown
Residential
8,188
Single Family
8,185
Multi-Family
3
Businesses
594
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Listed by: Diane Bostrom • Herlong Sotheby's Int'l Realty -Clemson
Mls Name: WUMLS
Mls ID: #20294217