224 E Clark StPinewoodSC29125
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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 Pinewood at 224 E Clark St, Pinewood, SC, 29125 priced at $375,000 converts $1,063/mo rent into after a $1,835/mo obligation. Total monthly income equals $1,063/mo. Return on cash invested prints 8.63% in year one, and rental yield reads 3.4% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 42.06% and total cumulative return in cash sums $52,287. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,063/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Multi Family
Built in 1952
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29125, Pinewood, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,347 (100%) |
| Owner Occupied HU | 921 (68.4%) |
| Renter Occupied HU | 254 (18.9%) |
| Vacant Housing Units | 172 (12.8%) |
| Median Home Value | $131,500 |
| Average Home Value | $155,494 |
Housing Distribution
Address Breakdown
Residential
1,322
Single Family
1,322
Multi-Family
0
Businesses
62
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls Provider:
Mls ID: #24026066
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