1002 Evans RdMarionSC29571
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Marion at 1002 Evans Rd, Marion, SC, 29571 priced at $267,000 converts $2,311/mo rent into $721/mo cash flow after a $1,307/mo obligation. Total monthly income equals $2,311/mo, and annual cash flow totals $8,657/yr on $88,511 invested. Return on cash invested prints 29.69% in year one, and rental yield reads 10.39% against a $267,000 entry. Equity gained on principal adds $1,723/yr, while 5% annual appreciation compiles into $73,767 by year five. Five-year ROI reaches 155.01% and total cumulative return in cash sums $137,203. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,311/mo property income covering a $1,307/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29571, Marion, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,861 (100%) |
| Owner Occupied HU | 4,172 (60.8%) |
| Renter Occupied HU | 1,853 (27.0%) |
| Vacant Housing Units | 836 (12.2%) |
| Median Home Value | $115,681 |
| Average Home Value | $161,943 |
Housing Distribution
Address Breakdown
Residential
6,417
Single Family
6,293
Multi-Family
124
Businesses
577
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Nearby investment properties with comparable prices
Listed by: Ronald L Cribb • Swamp Fox Realty & Appraisals
Mls Name: Pee Dee Realtor Association
Mls ID: #20231713