1071 Cornelia StElginSC29045
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
Investment property for sale in Elgin at 1071 Cornelia St, Elgin, SC, 29045 at $225,275 posts ROI 19.95% with $3/mo cash flow from $1,569/mo rent. Total monthly income equals $1,569/mo, and annual cash flow records $31/yr on $74,679 to close. Return on cash invested measures 19.95% and rental yield reads 8.36% at the current $225,275. Equity gained on principal adds $1,454/yr, and 5% annual appreciation supports $62,239 by year five. Five-year ROI prints 104.09% and total cumulative return in cash totals $77,735.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,569/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2025
2,395 sqft lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29045, Elgin, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,039 (100%) |
| Owner Occupied HU | 9,414 (78.2%) |
| Renter Occupied HU | 1,752 (14.6%) |
| Vacant Housing Units | 873 ( 7.3%) |
| Median Home Value | $279,894 |
| Average Home Value | $321,774 |
Housing Distribution
Address Breakdown
Residential
13,024
Single Family
12,229
Multi-Family
795
Businesses
415
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christy Bissen • SM South Carolina Brokerage LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606108
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC