2220 Woodridge Ln APT MFlorenceSC29501
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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 2220 Woodridge Ln APT M, Florence, SC, 29501 earns $230/mo cash flow from $915/mo rent with a $563/mo payment. Total monthly income totals $915/mo, and annual cash flow totals $2,764/yr on $38,123 capital. ROI tracks 27.16% on current figures, and rental yield reads 9.55% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 141.48% and total cumulative return in cash sums $53,937. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $915/mo property income instead of your personal income.
Townhouse
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29501, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,851 (100%) |
| Owner Occupied HU | 13,035 (59.7%) |
| Renter Occupied HU | 6,838 (31.3%) |
| Vacant Housing Units | 1,978 ( 9.1%) |
| Median Home Value | $264,758 |
| Average Home Value | $289,616 |
Housing Distribution
Address Breakdown
Residential
21,452
Single Family
19,917
Multi-Family
1,535
Businesses
2,032
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Listed by: Travis L Merritts • Brand Name Real Estate
Mls Name: Pee Dee Realtor Association
Mls ID: #20253606