1083 Cornelia St, Elgin, SC, 29045 | $22/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1510 sft

7611 Edgewater Dr, Columbia, SC, 29223

2 Bed
3 Bath
1296 sft

231 Forest Green Dr, Columbia, SC, 29209

4 Bed
3 Bath
2095 sft

116 Windwood Dr, Elgin, SC, 29045

2 Bed
2 Bath
1276 sft

30 Sea Hawk Ct, Columbia, SC, 29203

Nearby investment properties with comparable prices

3 Bed
3 Bath
1305 sft

1002 Tundra Teal Ln, Columbia, SC, 29210

3 Bed
3 Bath
1305 sft

1036 Tundra Teal Ln, Columbia, SC, 29210

3 Bed
3 Bath
1305 sft

1034 Tundra Teal Ln, Columbia, SC, 29210

3 Bed
3 Bath
1305 sft

1024 Tundra Teal Ln #157, Columbia, SC, 29210

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Elgin at 1083 Cornelia St, Elgin, SC, 29045 listed at $221,275 pairs $1,564/mo rent with a $1,083/mo payment to leave $22/mo cash flow. Total monthly income runs $1,564/mo, and annual cash flow reaches $262/yr on $73,353 cash to close. Return on cash invested measures 20.27% in year one, and rental yield registers 8.48% at a $221,275 basis. Equity gained on principal adds $1,428/yr, and annual property appreciation at 5% supports $61,134 by year five. Five-year ROI tracks 105.78% and total cumulative return in cash totals $77,595. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,564/mo property income relative to a $1,083/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2025

2,657 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