Sumter Plan, Thompson CreekChesneeSC29323
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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 Chesnee at Sumter Plan, Thompson Creek, Chesnee, SC, 29323 generates $2,572/mo in rent and, after a $1,441/mo payment, leaves $819/mo in cash flow. Total monthly income is $2,572/mo, and annual cash flow is $9,833/yr on $97,594 invested. Return on cash invested sits at 29.98% in year one, and rental yield is 10.48% on a $294,400 entry. Equity gained on principal adds $1,900/yr, while 5% annual appreciation builds toward $81,337 over five years. Five-year ROI reaches 156.58% and total cumulative return in cash sums $152,814. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,572/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
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: Nick Allen • Enchanted Homes
Mls Name: Enchanted Homes
Mls Provider:
Mls ID: #N/A