1493 Old Charleston RdPelionSC29123
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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 Pelion at 1493 Old Charleston Rd, Pelion, SC, 29123 generates $1,226/mo in rent and, after a $958/mo payment, leaves $18/mo in cash flow. Total monthly income is $1,226/mo, and annual cash flow is $214/yr on $64,875 invested. Return on cash invested sits at 20.24% in year one, and rental yield is 7.52% on a $195,700 entry. Equity gained on principal adds $1,263/yr, while 5% annual appreciation builds toward $54,068 over five years. Five-year ROI reaches 104.59% and total cumulative return in cash sums $67,850. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,226/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
4.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29123, Pelion, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,119 (100%) |
| Owner Occupied HU | 2,339 (75.0%) |
| Renter Occupied HU | 477 (15.3%) |
| Vacant Housing Units | 303 ( 9.7%) |
| Median Home Value | $211,914 |
| Average Home Value | $263,011 |
Housing Distribution
Address Breakdown
Residential
2,977
Single Family
2,977
Multi-Family
0
Businesses
109
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