Fernwood Plan, Beason PointeChesneeSC29323
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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
Investment property for sale in Chesnee at Fernwood Plan, Beason Pointe, Chesnee, SC, 29323 listed at $295,500 pairs $2,728/mo rent with a $1,446/mo payment to leave $969/mo cash flow. Total monthly income runs $2,728/mo, and annual cash flow reaches $11,631/yr on $97,958 cash to close. Return on cash invested measures 31.78% in year one, and rental yield registers 11.08% at a $295,500 basis. Equity gained on principal adds $1,907/yr, and annual property appreciation at 5% supports $81,641 by year five. Five-year ROI tracks 166.22% and total cumulative return in cash totals $162,831. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,728/mo property income relative to a $1,446/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: Josh Allen • Enchanted Homes
Mls Name: Enchanted Homes
Mls Provider:
Mls ID: #N/A