111 Elaine DrElloreeSC29047
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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
Rental property for sale in Elloree at 111 Elaine Dr, Elloree, SC, 29047 generates $2,160/mo in rent and, after a $1,062/mo payment, leaves $868/mo in cash flow. Total monthly income is $2,160/mo, and annual cash flow is $10,420/yr on $71,936 invested. Return on cash invested sits at 34.39% in year one, and rental yield is 11.94% on a $217,000 entry. Equity gained on principal adds $1,400/yr, while 5% annual appreciation builds toward $59,953 over five years. Five-year ROI reaches 180.27% and total cumulative return in cash sums $129,677. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29047, Elloree, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,025 (100%) |
| Owner Occupied HU | 1,275 (63.0%) |
| Renter Occupied HU | 285 (14.1%) |
| Vacant Housing Units | 465 (23.0%) |
| Median Home Value | $157,492 |
| Average Home Value | $182,737 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,511
Multi-Family
34
Businesses
84
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Listed by: N/A • ERA Wilder Realty Inc.
Mls Name: CTMLS
Mls Provider:
Mls ID: #25025231
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. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.