713 Memphis RdTaylorsSC29687
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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 Taylors at 713 Memphis Rd, Taylors, SC, 29687 priced at $174,900 converts $1,560/mo rent into $519/mo cash flow after a $856/mo obligation. Total monthly income equals $1,560/mo, and annual cash flow totals $6,227/yr on $57,979 invested. Return on cash invested prints 30.65% in year one, and rental yield reads 10.7% against a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,322 by year five. Five-year ROI reaches 160.13% and total cumulative return in cash sums $92,844. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $856/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1,625 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29687, Taylors, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,036 (100%) |
| Owner Occupied HU | 14,524 (72.5%) |
| Renter Occupied HU | 4,476 (22.3%) |
| Vacant Housing Units | 1,036 ( 5.2%) |
| Median Home Value | $302,093 |
| Average Home Value | $356,250 |
Housing Distribution
Address Breakdown
Residential
19,159
Single Family
17,413
Multi-Family
1,746
Businesses
1,059
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Listed by: Michael Fernandez • Alpine Real Estate
Mls Name: Greater Greenville AOR
Mls ID: #1573212