1189 Waxwing DrFlorenceSC29505
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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 1189 Waxwing Dr, Florence, SC, 29505 earns $108/mo cash flow from $1,175/mo rent with a $729/mo payment. Total monthly income totals $1,175/mo, and annual cash flow totals $1,301/yr on $49,360 capital. ROI tracks 22.54% on current figures, and rental yield reads 9.47% at a $148,900 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,138 over five years. Five-year ROI reaches 118.31% and total cumulative return in cash sums $58,401. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,175/mo property income instead of your personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$180 monthly 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: Rebecca Wallace • Keller Williams Realty
Mls Name: SAR
Mls Provider:
Mls ID: #325702
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.