10 Meeting StCherawSC29520
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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 Cheraw at 10 Meeting St, Cheraw, SC, 29520 earns $424/mo cash flow from $1,495/mo rent with a $881/mo payment. Total monthly income totals $1,495/mo, and annual cash flow totals $5,083/yr on $59,637 capital. ROI tracks 28.43% on current figures, and rental yield reads 9.97% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 148.27% and total cumulative return in cash sums $88,425. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,495/mo property income instead of your personal income.
Single Family
Built in 1986
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29520, Cheraw, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,308 (100%) |
| Owner Occupied HU | 3,863 (61.2%) |
| Renter Occupied HU | 1,490 (23.6%) |
| Vacant Housing Units | 955 (15.1%) |
| Median Home Value | $144,354 |
| Average Home Value | $176,859 |
Housing Distribution
Address Breakdown
Residential
5,865
Single Family
5,848
Multi-Family
17
Businesses
584
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Listed by: Tonya H Michael • United Country Real Estate The Michael Group
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20251293
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.