1416 Johnson RdTimmonsvilleSC29161
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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 1416 Johnson Rd, Timmonsville, SC, 29161 uses $39,747 cash to close to unlock $2,245/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $901/mo, and a $587/mo payment keeps the spread at $187/mo. Purchase price stands at $119,900, and rental yield measures 9.02% with $901/mo rent. Return on cash invested shows 25.56% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 132.96% and total cumulative return in cash records $52,848. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $901/mo property income covering a $587/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
0.50 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: Mack Bryant • Transcendent Real Estate Group
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20243970
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.