1803 School DrScrantonSC29591
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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 Scranton at 1803 School Dr, Scranton, SC, 29591 with 5% annual appreciation on a $162,000 basis while $1,223/mo rent supports operations. Total monthly income totals $1,223/mo and a $793/mo payment preserves $259/mo for cash returns. Annual cash flow comes to $3,103/yr on $53,703 deployed, and return on cash invested reaches 25.69% in year one. Equity gained on principal adds $1,045/yr, and five-year appreciation sums $44,758 alongside rental yield of 9.06%. Five-year ROI measures 133.54% and total cumulative return in cash totals $71,717.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,223/mo property income versus a $793/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29591, Scranton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,170 (100%) |
| Owner Occupied HU | 1,378 (63.5%) |
| Renter Occupied HU | 489 (22.5%) |
| Vacant Housing Units | 303 (14.0%) |
| Median Home Value | $116,429 |
| Average Home Value | $144,820 |
Housing Distribution
Address Breakdown
Residential
1,945
Single Family
1,945
Multi-Family
0
Businesses
84
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Listed by: Karon M Epps • Epps Miles Eaddy Realty Inc
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20250421
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