1240 Summer Duck LoopFlorenceSC29161
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1240 Summer Duck Loop, Florence, SC, 29161 in Florence is a top-tier cash-flow asset. At $336,260 it produces $3,059/mo in rent and $1,057/mo in net monthly income, a 10.92% gross rental yield. The DSCR of 2.02 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $12,685. Five-year appreciation adds $92,902, driving a total cumulative return of $195,247.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.5% |
| Monthly Cash Flow | $1,057 | $420 |
City averages based on Florence market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,059 |
| Total Monthly Debt Service | $1,868 |
| DSCR Ratio | 1.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
N/A 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
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
Single Family
Built in 2026
N/A 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: N/A • Veranda Homes
Mls Name: Veranda Homes
Mls ID: #N/A