204 Magnolia StOlantaSC29114
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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 Olanta at 204 Magnolia St, Olanta, SC, 29114 with 5% annual appreciation on a $249,000 basis while $1,741/mo rent supports operations. Total monthly income totals $1,741/mo and a $1,219/mo payment preserves $258/mo for cash returns. Annual cash flow comes to $3,102/yr on $82,544 deployed, and return on cash invested reaches 23.67% in year one. Equity gained on principal adds $1,607/yr, and five-year appreciation sums $68,794 alongside rental yield of 8.39%. Five-year ROI measures 122.71% and total cumulative return in cash totals $101,288.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,741/mo property income versus a $1,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29114, Olanta, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 929 (100%) |
| Owner Occupied HU | 680 (73.2%) |
| Renter Occupied HU | 139 (15.0%) |
| Vacant Housing Units | 110 (11.8%) |
| Median Home Value | $122,479 |
| Average Home Value | $184,452 |
Housing Distribution
Address Breakdown
Residential
692
Single Family
692
Multi-Family
0
Businesses
75
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Listed by: Becky Hickman • Carolina Coast & Country, Llc
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20242988
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.