Stoneycreek in Meece Plan, MeeceEasleySC29640
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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 Easley at Stoneycreek in Meece Plan, Meece, Easley, SC, 29640 offers a 9.43% rental yield on a $232,900 purchase with $1,830/mo rent. Total monthly income registers $1,830/mo, and a $1,140/mo payment leaves $444/mo available for distribution. Annual cash flow reaches $5,322/yr on $77,206 to close, and return on cash invested stands at 26.8% in year one. Equity gained on principal adds $1,503/yr while 5% annual appreciation supports $64,346 over five years. Portfolio math shows five-year ROI at 139.52% and total cumulative return in cash at $107,717. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,830/mo property income against a $1,140/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29640, Easley, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,586 (100%) |
| Owner Occupied HU | 10,466 (67.2%) |
| Renter Occupied HU | 3,897 (25.0%) |
| Vacant Housing Units | 1,223 ( 7.8%) |
| Median Home Value | $251,960 |
| Average Home Value | $291,439 |
Housing Distribution
Address Breakdown
Residential
14,545
Single Family
14,205
Multi-Family
340
Businesses
1,049
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Listed by: N/A • Veranda Homes
Mls Name: Veranda Homes
Mls ID: #N/A