2351 Millers RdMullinsSC29574
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
Rental property for sale in Mullins at 2351 Millers Rd, Mullins, SC, 29574 generates $1,149/mo in rent and, after a $748/mo payment, leaves $239/mo in cash flow. Total monthly income is $1,149/mo, and annual cash flow is $2,870/yr on $50,686 invested. Return on cash invested sits at 25.57% in year one, and rental yield is 9.02% on a $152,900 entry. Equity gained on principal adds $987/yr, while 5% annual appreciation builds toward $42,243 over five years. Five-year ROI reaches 132.99% and total cumulative return in cash sums $67,408. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,149/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29574, Mullins, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,064 (100%) |
| Owner Occupied HU | 3,001 (59.3%) |
| Renter Occupied HU | 1,258 (24.8%) |
| Vacant Housing Units | 805 (15.9%) |
| Median Home Value | $97,483 |
| Average Home Value | $139,026 |
Housing Distribution
Address Breakdown
Residential
4,732
Single Family
4,709
Multi-Family
23
Businesses
428
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie S Drew • The George Agency
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20252202
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.