2712 Millridge 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 2712 Millridge Dr, Florence, SC, 29505 listed at $167,000 pairs $1,350/mo rent with a $817/mo payment to leave $356/mo cash flow. Total monthly income runs $1,350/mo, and annual cash flow reaches $4,275/yr on $55,361 cash to close. Return on cash invested measures 27.63% in year one, and rental yield registers 9.7% at a $167,000 basis. Equity gained on principal adds $1,078/yr, and annual property appreciation at 5% supports $46,139 by year five. Five-year ROI tracks 144% and total cumulative return in cash totals $79,719. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,350/mo property income relative to a $817/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
6,098 sqft 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: Abreyon Moses • Crosson & Co Real Estate Brokered By Exp Realty
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20252715
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