1329 Meander DrTimmonsvilleSC29161
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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 Timmonsville at 1329 Meander Dr, Timmonsville, SC, 29161 uses $49,692 cash to close to unlock $3,304/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $1,168/mo, and a $734/mo payment keeps the spread at $275/mo. Purchase price stands at $149,900, and rental yield measures 9.35% with $1,168/mo rent. Return on cash invested shows 26.56% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 138.25% and total cumulative return in cash records $68,699. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,168/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1987
1 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
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Listed by: Henry C Edwards • Aiken & Company
Mls Name: Pee Dee Realtor Association
Mls ID: #20254234