Fernwood Plan, Huckleberry CoveChesneeSC29323
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
Rental property for sale in Chesnee at Fernwood Plan, Huckleberry Cove, Chesnee, SC, 29323 priced at $296,700 converts $2,477/mo rent into $711/mo cash flow after a $1,452/mo obligation. Total monthly income equals $2,477/mo, and annual cash flow totals $8,532/yr on $98,356 invested. Return on cash invested prints 28.58% in year one, and rental yield reads 10.02% against a $296,700 entry. Equity gained on principal adds $1,915/yr, while 5% annual appreciation compiles into $81,973 by year five. Five-year ROI reaches 149.03% and total cumulative return in cash sums $146,576. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,477/mo property income covering a $1,452/mo payment, not borrower’s personal income.
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 • Enchanted Homes
Mls Name: Enchanted Homes
Mls Provider:
Mls ID: #N/A