1122 Chestnut Rd, Elgin, SC, 29045 | $287/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Elgin at 1122 Chestnut Rd, Elgin, SC, 29045 with 5% annual appreciation on a $149,900 basis while $1,180/mo rent supports operations. Total monthly income totals $1,180/mo and a $734/mo payment preserves $287/mo for cash returns. Annual cash flow comes to $3,448/yr on $49,692 deployed, and return on cash invested reaches 26.85% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 9.45%. Five-year ROI measures 139.79% and total cumulative return in cash totals $69,467.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,180/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Manufactured

Built in 1997

1 Acres lot

$N/A/sqft

No 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