201 Castlewood LnElginSC29045
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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
Rental property for sale in Elgin at 201 Castlewood Ln, Elgin, SC, 29045 priced at $216,500 pairs $2,015/mo rent with $726/mo cash flow after a $1,060/mo payment. Total monthly income equals $2,015/mo, and annual cash flow comes to $8,710/yr on $71,770 invested. Return on cash invested is 32.05% in year one, and rental yield stands at 11.17% on a $216,500 basis. Equity gained on principal adds $1,397/yr, and 5% annual appreciation accumulates to $59,815 by year five. Five-year ROI measures 167.63% and total cumulative return in cash reaches $120,304. For financing, Ziffy Mortgage’s DSCR program evaluates $2,015/mo property income against a $1,060/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29045, Elgin, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,039 (100%) |
| Owner Occupied HU | 9,414 (78.2%) |
| Renter Occupied HU | 1,752 (14.6%) |
| Vacant Housing Units | 873 ( 7.3%) |
| Median Home Value | $279,894 |
| Average Home Value | $321,774 |
Housing Distribution
Address Breakdown
Residential
13,024
Single Family
12,229
Multi-Family
795
Businesses
415
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Listed by: Susan DeMarco • Lokation Real Estate
Mls Name: Consolidated MLS
Mls ID: #623446