226 Byrnes StDenmarkSC29042
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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 Denmark at 226 Byrnes St, Denmark, SC, 29042 uses $50,388 cash to close to unlock $7,298/yr annual cash flow and $608/mo monthly cash flow. Total monthly income runs $1,513/mo, and a $744/mo payment keeps the spread at $608/mo. Purchase price stands at $152,000, and rental yield measures 11.94% with $1,513/mo rent. Return on cash invested shows 34.39% in year one, and 5% annual appreciation builds toward $41,995 over five years. Five-year ROI reaches 180.28% and total cumulative return in cash records $90,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,513/mo property income covering a $744/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29042, Denmark, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,241 (100%) |
| Owner Occupied HU | 1,134 (50.6%) |
| Renter Occupied HU | 635 (28.3%) |
| Vacant Housing Units | 472 (21.1%) |
| Median Home Value | $122,905 |
| Average Home Value | $147,670 |
Housing Distribution
Address Breakdown
Residential
1,741
Single Family
1,721
Multi-Family
20
Businesses
196
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Listed by: Randy Wolfe • Todd Realty Partners
Mls Name: Consolidated MLS
Mls ID: #608418