220/230 Charles StEnoreeSC29335
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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 Enoree at 220/230 Charles St, Enoree, SC, 29335 uses $74,588 cash to close to unlock $7,691/yr annual cash flow and $641/mo monthly cash flow. Total monthly income runs $1,980/mo, and a $1,101/mo payment keeps the spread at $641/mo. Purchase price stands at $225,000, and rental yield measures 10.56% with $1,980/mo rent. Return on cash invested shows 30.22% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 157.81% and total cumulative return in cash records $117,705. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
3.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29335, Enoree, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,191 (100%) |
| Owner Occupied HU | 1,654 (75.5%) |
| Renter Occupied HU | 302 (13.8%) |
| Vacant Housing Units | 235 (10.7%) |
| Median Home Value | $188,514 |
| Average Home Value | $234,779 |
Housing Distribution
Address Breakdown
Residential
1,873
Single Family
1,873
Multi-Family
0
Businesses
60
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Listed by: Eric Hudson • Ponce Realty Group
Mls Name: SAR
Mls ID: #328681