119 Spring StDarlingtonSC29532
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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 Darlington at 119 Spring St, Darlington, SC, 29532 offers a 6.25% rental yield on a $525,000 purchase with $2,735/mo rent. 35% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 88.77% and total cumulative return in cash at $153,321. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,735/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29532, Darlington, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,833 (100%) |
| Owner Occupied HU | 5,292 (59.9%) |
| Renter Occupied HU | 2,526 (28.6%) |
| Vacant Housing Units | 1,015 (11.5%) |
| Median Home Value | $153,475 |
| Average Home Value | $205,527 |
Housing Distribution
Address Breakdown
Residential
8,585
Single Family
8,495
Multi-Family
90
Businesses
581
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Listed by: Melissa M Hucks • Greystone Properties, Llc
Mls Name: Pee Dee Realtor Association
Mls ID: #20253581