118 Ferguson RdAbbevilleSC29620
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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 Abbeville at 118 Ferguson Rd, Abbeville, SC, 29620 uses $59,339 cash to close to unlock $5,851/yr annual cash flow and $488/mo monthly cash flow. Total monthly income runs $1,553/mo, and a $876/mo payment keeps the spread at $488/mo. Purchase price stands at $179,000, and rental yield measures 10.41% with $1,553/mo rent. Return on cash invested shows 29.77% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 155.44% and total cumulative return in cash records $92,235. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,553/mo property income covering a $876/mo payment rather than investor’s personal income.
Manufactured
Built in 1988
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29620, Abbeville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,155 (100%) |
| Owner Occupied HU | 4,127 (67.1%) |
| Renter Occupied HU | 1,138 (18.5%) |
| Vacant Housing Units | 890 (14.5%) |
| Median Home Value | $180,348 |
| Average Home Value | $215,574 |
Housing Distribution
Address Breakdown
Residential
5,530
Single Family
5,396
Multi-Family
134
Businesses
522
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Listed by: Billy Baer • Cambridge Realty, Inc
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #133008
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.