2323 Yancey DrFlorenceSC29505
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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 2323 Yancey Dr, Florence, SC, 29505 with 5% annual appreciation on a $287,000 basis while $2,470/mo rent supports operations. Total monthly income totals $2,470/mo and a $1,405/mo payment preserves $647/mo for cash returns. Annual cash flow comes to $7,760/yr on $95,141 deployed, and return on cash invested reaches 28.07% in year one. Equity gained on principal adds $1,852/yr, and five-year appreciation sums $79,293 alongside rental yield of 10.33%. Five-year ROI measures 146.8% and total cumulative return in cash totals $139,666.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,470/mo property income versus a $1,405/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29505, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,108 (100%) |
| Owner Occupied HU | 7,572 (68.2%) |
| Renter Occupied HU | 2,799 (25.2%) |
| Vacant Housing Units | 737 ( 6.6%) |
| Median Home Value | $208,918 |
| Average Home Value | $232,601 |
Housing Distribution
Address Breakdown
Residential
10,829
Single Family
9,867
Multi-Family
962
Businesses
558
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Listed by: Lauran D Altman • Exp Realty Llc
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20244454
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.