22 Abbey RdElginSC29045
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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 Elgin at 22 Abbey Rd, Elgin, SC, 29045 at $300,000 posts ROI 29.33% with $781/mo cash flow from $2,566/mo rent. Total monthly income equals $2,566/mo, and annual cash flow records $9,366/yr on $99,450 to close. Return on cash invested measures 29.33% and rental yield reads 10.26% at the current $300,000. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 by year five. Five-year ROI prints 153.06% and total cumulative return in cash totals $152,220.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,566/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
0.37 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: Krista Best • Best Real Estate Services LLC
Mls Name: Consolidated MLS
Mls ID: #617207