1518 E Effingham HwyEffinghamSC29541
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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 Effingham at 1518 E Effingham Hwy, Effingham, SC, 29541 uses $51,383 cash to close to unlock $3,792/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $1,239/mo, and a $759/mo payment keeps the spread at $316/mo. Purchase price stands at $155,000, and rental yield measures 9.59% with $1,239/mo rent. Return on cash invested shows 27.29% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 142.09% and total cumulative return in cash records $73,012. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,239/mo property income covering a $759/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29541, Effingham, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,007 (100%) |
| Owner Occupied HU | 2,981 (74.4%) |
| Renter Occupied HU | 672 (16.8%) |
| Vacant Housing Units | 354 ( 8.8%) |
| Median Home Value | $234,067 |
| Average Home Value | $247,075 |
Housing Distribution
Address Breakdown
Residential
3,911
Single Family
3,911
Multi-Family
0
Businesses
124
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Listed by: Karen Congilaro • Carolina Pines Realty Office B
Mls Name: Pee Dee Realtor Association
Mls ID: #20253243