1117 Courtland AveFlorenceSC29505
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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 Florence at 1117 Courtland Ave, Florence, SC, 29505 with 5% annual appreciation on a $237,500 basis while $2,021/mo rent supports operations. Total monthly income totals $2,021/mo and a $1,162/mo payment preserves $608/mo for cash returns. Annual cash flow comes to $7,292/yr on $78,731 deployed, and return on cash invested reaches 29.17% in year one. Equity gained on principal adds $1,533/yr, and five-year appreciation sums $65,617 alongside rental yield of 10.21%. Five-year ROI measures 152.22% and total cumulative return in cash totals $119,841.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,021/mo property income versus a $1,162/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29505, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,108 (100%) |
| Owner Occupied HU | 7,572 (68.2%) |
| Renter Occupied HU | 2,799 (25.2%) |
| Vacant Housing Units | 737 ( 6.6%) |
| Median Home Value | $208,918 |
| Average Home Value | $232,601 |
Housing Distribution
Address Breakdown
Residential
10,829
Single Family
9,867
Multi-Family
962
Businesses
558
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Listed by: Valerie C Lee • Turn Key Realty Group Llc
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20251585
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. Information is deemed reliable but not guaranteed.