2304 S Point RdEffinghamSC29541
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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 Effingham at 2304 S Point Rd, Effingham, SC, 29541 generates $971/mo in rent and, after a $612/mo payment, leaves $227/mo in cash flow. Total monthly income is $971/mo, and annual cash flow is $2,721/yr on $41,438 invested. Return on cash invested sits at 26.47% in year one, and rental yield is 9.32% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 137.77% and total cumulative return in cash sums $57,089. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $971/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29541, Effingham, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,007 (100%) |
| Owner Occupied HU | 2,981 (74.4%) |
| Renter Occupied HU | 672 (16.8%) |
| Vacant Housing Units | 354 ( 8.8%) |
| Median Home Value | $234,067 |
| Average Home Value | $247,075 |
Housing Distribution
Address Breakdown
Residential
3,911
Single Family
3,911
Multi-Family
0
Businesses
124
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Listed by: Tom Snyder • Era Leatherman Realty, Inc.
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20252896
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.