2203 Hibernian DrFlorenceSC29505
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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 Florence at 2203 Hibernian Dr, Florence, SC, 29505 listed at $242,900 pairs $1,631/mo rent with a $1,189/mo payment to leave $185/mo cash flow. Total monthly income runs $1,631/mo, and annual cash flow reaches $2,219/yr on $80,521 cash to close. Return on cash invested measures 22.66% in year one, and rental yield registers 8.06% at a $242,900 basis. Equity gained on principal adds $1,567/yr, and annual property appreciation at 5% supports $67,109 by year five. Five-year ROI tracks 117.3% and total cumulative return in cash totals $94,453. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,631/mo property income relative to a $1,189/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29505, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,108 (100%) |
| Owner Occupied HU | 7,572 (68.2%) |
| Renter Occupied HU | 2,799 (25.2%) |
| Vacant Housing Units | 737 ( 6.6%) |
| Median Home Value | $208,918 |
| Average Home Value | $232,601 |
Housing Distribution
Address Breakdown
Residential
10,829
Single Family
9,867
Multi-Family
962
Businesses
558
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Listed by: Forrest Stanley • Weichert Realtors - Freedom
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20251968
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