Bates Plan, Parris MeadowsChesneeSC29323
Nearby investment properties with comparable rents
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 Chesnee at Bates Plan, Parris Meadows, Chesnee, SC, 29323 at $313,000 posts ROI 27.09% with $621/mo cash flow from $2,484/mo rent. Total monthly income equals $2,484/mo, and annual cash flow records $7,449/yr on $103,760 to close. Return on cash invested measures 27.09% and rental yield reads 9.52% at the current $313,000. Equity gained on principal adds $2,020/yr, and 5% annual appreciation supports $86,476 by year five. Five-year ROI prints 141.03% and total cumulative return in cash totals $146,329.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,484/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29323, Chesnee, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,207 (100%) |
| Owner Occupied HU | 5,516 (76.5%) |
| Renter Occupied HU | 1,222 (17.0%) |
| Vacant Housing Units | 469 ( 6.5%) |
| Median Home Value | $241,571 |
| Average Home Value | $280,371 |
Housing Distribution
Address Breakdown
Residential
7,074
Single Family
7,074
Multi-Family
0
Businesses
251
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Listed by: N/A • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A