2057 S Main StFlorenceSC29532
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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 Florence at 2057 S Main St, Florence, SC, 29532 priced at $104,900 converts $816/mo rent into $192/mo cash flow after a $513/mo obligation. Total monthly income equals $816/mo, and annual cash flow totals $2,304/yr on $34,774 invested. Return on cash invested prints 26.53% in year one, and rental yield reads 9.33% against a $104,900 entry. Equity gained on principal adds $677/yr, while 5% annual appreciation compiles into $28,982 by year five. Five-year ROI reaches 138.05% and total cumulative return in cash sums $48,006. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $816/mo property income covering a $513/mo payment, not borrower’s personal income.
Single Family
Built in 1967
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29532, Darlington, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,833 (100%) |
| Owner Occupied HU | 5,292 (59.9%) |
| Renter Occupied HU | 2,526 (28.6%) |
| Vacant Housing Units | 1,015 (11.5%) |
| Median Home Value | $153,475 |
| Average Home Value | $205,527 |
Housing Distribution
Address Breakdown
Residential
8,585
Single Family
8,495
Multi-Family
90
Businesses
581
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Listed by: Angie L Suggs • Angie L Suggs Real Estate Company
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20251398
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