1008 N Withlacoochee AveMarionSC29571
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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 Marion at 1008 N Withlacoochee Ave, Marion, SC, 29571 uses $82,842 cash to close to unlock $10,650/yr annual cash flow and $888/mo monthly cash flow. Total monthly income runs $2,375/mo, and a $1,223/mo payment keeps the spread at $888/mo. Purchase price stands at $249,900, and rental yield measures 11.4% with $2,375/mo rent. Return on cash invested shows 32.77% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 171.48% and total cumulative return in cash records $142,058. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,375/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.46 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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Listed by: Kelly C Culick • Exp Realty Llc
Mls Name: Pee Dee Realtor Association
Mls ID: #20252294