237 Drizzy DrFlorenceSC29506
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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 237 Drizzy Dr, Florence, SC, 29506 uses $70,275 cash to close to unlock $3,044/yr annual cash flow and $254/mo monthly cash flow. Total monthly income runs $1,516/mo, and a $1,038/mo payment keeps the spread at $254/mo. Purchase price stands at $211,990, and rental yield measures 8.58% with $1,516/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $58,569 over five years. Five-year ROI reaches 125.79% and total cumulative return in cash records $88,396. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,516/mo property income covering a $1,038/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29506, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,849 (100%) |
| Owner Occupied HU | 4,618 (52.2%) |
| Renter Occupied HU | 3,004 (33.9%) |
| Vacant Housing Units | 1,227 (13.9%) |
| Median Home Value | $141,365 |
| Average Home Value | $217,423 |
Housing Distribution
Address Breakdown
Residential
8,295
Single Family
7,589
Multi-Family
706
Businesses
597
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Listed by: Julie Mercer • WJH LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #621276
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC