1240 Summer Duck LoopFlorenceSC29161
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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 1240 Summer Duck Loop, Florence, SC, 29161 listed at $336,260 pairs $3,008/mo rent with a $1,646/mo payment to leave $1,006/mo cash flow. Total monthly income runs $3,008/mo, and annual cash flow reaches $12,074/yr on $111,470 cash to close. Return on cash invested measures 30.74% in year one, and rental yield registers 10.73% at a $336,260 basis. Equity gained on principal adds $2,170/yr, and annual property appreciation at 5% supports $92,902 by year five. Five-year ROI tracks 160.65% and total cumulative return in cash totals $179,072. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,008/mo property income relative to a $1,646/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
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
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Listed by: N/A • Veranda Homes
Mls Name: Veranda Homes
Mls ID: #N/A