2302 S Highway 41AMarionSC29571
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Marion at 2302 S Highway 41A, Marion, SC, 29571 offers a 8.73% rental yield on a $239,900 purchase with $1,745/mo rent. Total monthly income registers $1,745/mo, and a $1,174/mo payment leaves $317/mo available for distribution. Annual cash flow reaches $3,805/yr on $79,527 to close, and return on cash invested stands at 24.69% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 128.24% and total cumulative return in cash at $101,983. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,745/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29571, Marion, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,861 (100%) |
| Owner Occupied HU | 4,172 (60.8%) |
| Renter Occupied HU | 1,853 (27.0%) |
| Vacant Housing Units | 836 (12.2%) |
| Median Home Value | $115,681 |
| Average Home Value | $161,943 |
Housing Distribution
Address Breakdown
Residential
6,417
Single Family
6,293
Multi-Family
124
Businesses
577
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Nearby investment properties with comparable prices
Listed by: Liz J Newkirk • Realty ONE Group DocksideNorth
Mls Name: CCAR
Mls ID: #2600950