120 W Market StTimmonsvilleSC29161
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 Timmonsville at 120 W Market St, Timmonsville, SC, 29161 offers $1,956/mo rent that, after a $1,101/mo payment, leaves $617/mo cash flow. Total monthly income is $1,956/mo, and annual cash flow is $7,403/yr on $74,588 cash. Return on cash invested measures 29.83% in year one, and rental yield stands at 10.43% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 155.75% and total cumulative return in cash reaches $116,169. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,956/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29161, Timmonsville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,834 (100%) |
| Owner Occupied HU | 3,209 (66.4%) |
| Renter Occupied HU | 1,058 (21.9%) |
| Vacant Housing Units | 567 (11.7%) |
| Median Home Value | $154,387 |
| Average Home Value | $195,792 |
Housing Distribution
Address Breakdown
Residential
4,658
Single Family
4,658
Multi-Family
0
Businesses
226
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jami Warnock • Coldwell Banker Mcmillan And Associates
Mls Name: Pee Dee Realtor Association
Mls ID: #20253233