136 Folgers LnNorwaySC29113
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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
Rental property for sale in Norway at 136 Folgers Ln, Norway, SC, 29113 offers $1,840/mo rent that, after a $2,080/mo payment. Total monthly income is $1,840/mo. Return on cash invested measures 14.03% in year one, and rental yield stands at 5.2% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 71.04% and total cumulative return in cash reaches $100,085. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,840/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
14.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29113, Norway, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 721 (100%) |
| Owner Occupied HU | 495 (68.7%) |
| Renter Occupied HU | 101 (14.0%) |
| Vacant Housing Units | 125 (17.3%) |
| Median Home Value | $95,323 |
| Average Home Value | $167,061 |
Housing Distribution
Address Breakdown
Residential
533
Single Family
533
Multi-Family
0
Businesses
29
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Listed by: Joy Godwin • TruHome Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606468
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC