1595 Old River RdElloreeSC29047
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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 Elloree at 1595 Old River Rd, Elloree, SC, 29047 uses $104,920 cash to close to unlock $5,184/yr annual cash flow and $432/mo monthly cash flow. Total monthly income runs $2,316/mo, and a $1,549/mo payment keeps the spread at $432/mo. Purchase price stands at $316,500, and rental yield measures 8.78% with $2,316/mo rent. Return on cash invested shows 24.85% in year one, and 5% annual appreciation builds toward $87,443 over five years. Five-year ROI reaches 129.08% and total cumulative return in cash records $135,428. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,316/mo property income covering a $1,549/mo payment rather than investor’s personal income.
Single Family
Built in 2023
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29047, Elloree, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,025 (100%) |
| Owner Occupied HU | 1,275 (63.0%) |
| Renter Occupied HU | 285 (14.1%) |
| Vacant Housing Units | 465 (23.0%) |
| Median Home Value | $157,492 |
| Average Home Value | $182,737 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,511
Multi-Family
34
Businesses
84
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Listed by: N/A • Keller Williams Realty Charleston
Mls Name: CTMLS
Mls ID: #24021984