1122 Courtland AveFlorenceSC29505
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
Rental property for sale in Florence at 1122 Courtland Ave, Florence, SC, 29505 priced at $237,900 pairs $1,655/mo rent with $239/mo cash flow after a $1,164/mo payment. Total monthly income equals $1,655/mo, and annual cash flow comes to $2,871/yr on $78,864 invested. Return on cash invested is 23.55% in year one, and rental yield stands at 8.35% on a $237,900 basis. Equity gained on principal adds $1,535/yr, and 5% annual appreciation accumulates to $65,727 by year five. Five-year ROI measures 122.1% and total cumulative return in cash reaches $96,291. For financing, Ziffy Mortgage’s DSCR program evaluates $1,655/mo property income against a $1,164/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chauncey Hilliard • EXIT Real Est Consultants
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #599934
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC