1293 Carolina AveHolly HillSC29059
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 Holly Hill at 1293 Carolina Ave, Holly Hill, SC, 29059 priced at $314,500 converts $1,919/mo rent into $47/mo cash flow after a $1,539/mo obligation. Total monthly income equals $1,919/mo, and annual cash flow totals $566/yr on $104,257 invested. Return on cash invested prints 20.45% in year one, and rental yield reads 7.32% against a $314,500 entry. Equity gained on principal adds $2,029/yr, while 5% annual appreciation compiles into $86,891 by year five. Five-year ROI reaches 105.48% and total cumulative return in cash sums $109,972. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,919/mo property income covering a $1,539/mo payment, not borrower’s personal income.
Single Family
Built in 2022
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29059, Holly Hill, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,663 (100%) |
| Owner Occupied HU | 1,764 (66.2%) |
| Renter Occupied HU | 495 (18.6%) |
| Vacant Housing Units | 404 (15.2%) |
| Median Home Value | $146,053 |
| Average Home Value | $198,417 |
Housing Distribution
Address Breakdown
Residential
2,111
Single Family
2,052
Multi-Family
59
Businesses
187
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Listed by: N/A • Keller Williams Key
Mls Name: CTMLS
Mls Provider:
Mls ID: #25003912
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