1510 N Rocky Way DrFlorenceSC29506
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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 Florence at 1510 N Rocky Way Dr, Florence, SC, 29506 at $225,000 posts ROI 28.55% with $537/mo cash flow from $1,876/mo rent. Total monthly income equals $1,876/mo, and annual cash flow records $6,443/yr on $74,588 to close. Return on cash invested measures 28.55% and rental yield reads 10.01% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 148.86% and total cumulative return in cash totals $111,033.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,876/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29506, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,849 (100%) |
| Owner Occupied HU | 4,618 (52.2%) |
| Renter Occupied HU | 3,004 (33.9%) |
| Vacant Housing Units | 1,227 (13.9%) |
| Median Home Value | $141,365 |
| Average Home Value | $217,423 |
Housing Distribution
Address Breakdown
Residential
8,295
Single Family
7,589
Multi-Family
706
Businesses
597
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Listed by: Tiffany M Neal • Better Homes and Gardens Real Est Medley
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #606610
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC