7234 Highway 76 WLaurensSC29360
Nearby investment properties with comparable rents
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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 Laurens at 7234 Highway 76 W, Laurens, SC, 29360 generates $3,524/mo in rent, after a $8,296/mo payment. Total monthly income is $3,524/mo. Return on cash invested sits at 6.02% in year one, and rental yield is 2.49% on a $1,695,000 entry. Equity gained on principal adds $10,938/yr, while 5% annual appreciation builds toward $468,297 over five years. Five-year ROI reaches 27.97% and total cumulative return in cash sums $153,585. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,524/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29360, Laurens, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,872 (100%) |
| Owner Occupied HU | 5,955 (60.3%) |
| Renter Occupied HU | 2,803 (28.4%) |
| Vacant Housing Units | 1,114 (11.3%) |
| Median Home Value | $202,160 |
| Average Home Value | $228,123 |
Housing Distribution
Address Breakdown
Residential
9,097
Single Family
8,641
Multi-Family
456
Businesses
797
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Listed by: Justin McCormick • RE/MAX EXECUTIVE
Mls Name: Greater Greenville AOR
Mls ID: #1557987