1614 Rugby Ln LOT 40FlorenceSC29501
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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 1614 Rugby Ln LOT 40, Florence, SC, 29501 earns $1,034/mo cash flow from $3,856/mo rent with a $2,300/mo payment. Total monthly income totals $3,856/mo, and annual cash flow totals $12,404/yr on $155,772 capital. ROI tracks 27.87% on current figures, and rental yield reads 9.85% at a $469,900 purchase. Equity gained on principal adds $3,032/yr, and 5% annual appreciation supports $129,825 over five years. Five-year ROI reaches 145.31% and total cumulative return in cash sums $226,346. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,856/mo property income instead of your personal income.
Single Family
Built in 2024
0.46 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29501, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,851 (100%) |
| Owner Occupied HU | 13,035 (59.7%) |
| Renter Occupied HU | 6,838 (31.3%) |
| Vacant Housing Units | 1,978 ( 9.1%) |
| Median Home Value | $264,758 |
| Average Home Value | $289,616 |
Housing Distribution
Address Breakdown
Residential
21,452
Single Family
19,917
Multi-Family
1,535
Businesses
2,032
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Listed by: Ram Venki • Re/max Professionals
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20242206
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.