PENWELL Plan, Gibson GroveLaurensSC29360
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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 PENWELL Plan, Gibson Grove, Laurens, SC, 29360 offers $1,554/mo rent that, after a $1,498/mo payment. Total monthly income is $1,554/mo. Return on cash invested measures 16.74% in year one, and rental yield stands at 6.09% at a $305,990 entry. Equity gained on principal adds $1,975/yr while 5% annual appreciation compounds into $84,539 by year five. Five-year ROI records 85.58% and total cumulative return in cash reaches $86,804. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,554/mo property income versus a $1,498/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A