2573 Martin Luther King Hwy.KingstreeSC29556
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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 Kingstree at 2573 Martin Luther King Hwy, Kingstree, SC, 29556 generates $1,560/mo in rent, after a $1,610/mo payment. Total monthly income is $1,560/mo. Return on cash invested sits at 15.53% in year one, and rental yield is 5.69% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 79.04% and total cumulative return in cash sums $86,205. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,560/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
4.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29556, Kingstree, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,768 (100%) |
| Owner Occupied HU | 3,631 (63.0%) |
| Renter Occupied HU | 1,304 (22.6%) |
| Vacant Housing Units | 833 (14.4%) |
| Median Home Value | $110,060 |
| Average Home Value | $155,442 |
Housing Distribution
Address Breakdown
Residential
5,234
Single Family
5,130
Multi-Family
104
Businesses
582
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Listed by: Michele M McCutchen • Tidewater Properties
Mls Name: CCAR
Mls ID: #2512435