Spruce B Plan, Forts RidgePelionSC29123
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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 Pelion at Spruce B Plan, Forts Ridge, Pelion, SC, 29123 priced at $244,290 pairs $1,895/mo rent with $440/mo cash flow after a $1,196/mo payment. Total monthly income equals $1,895/mo, and annual cash flow comes to $5,286/yr on $80,982 invested. Return on cash invested is 26.44% in year one, and rental yield stands at 9.31% on a $244,290 basis. Equity gained on principal adds $1,576/yr, and 5% annual appreciation accumulates to $67,493 by year five. Five-year ROI measures 137.56% and total cumulative return in cash reaches $111,401. For financing, Ziffy Mortgage’s DSCR program evaluates $1,895/mo property income against a $1,196/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29123, Pelion, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,119 (100%) |
| Owner Occupied HU | 2,339 (75.0%) |
| Renter Occupied HU | 477 (15.3%) |
| Vacant Housing Units | 303 ( 9.7%) |
| Median Home Value | $211,914 |
| Average Home Value | $263,011 |
Housing Distribution
Address Breakdown
Residential
2,977
Single Family
2,977
Multi-Family
0
Businesses
109
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Listed by: N/A • McGuinn Homes
Mls Name: McGuinn Homes
Mls Provider:
Mls ID: #N/A