2720 Alligator RdEffinghamSC29541
Nearby investment properties with comparable rents
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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 Effingham at 2720 Alligator Rd, Effingham, SC, 29541 priced at $175,000 converts $1,314/mo rent into $244/mo cash flow after a $857/mo obligation. Total monthly income equals $1,314/mo, and annual cash flow totals $2,933/yr on $58,013 invested. Return on cash invested prints 24.96% in year one, and rental yield reads 9.01% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 129.91% and total cumulative return in cash sums $75,367. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,314/mo property income covering a $857/mo payment, not borrower’s personal income.
Manufactured
Built in 1998
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29541, Effingham, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,007 (100%) |
| Owner Occupied HU | 2,981 (74.4%) |
| Renter Occupied HU | 672 (16.8%) |
| Vacant Housing Units | 354 ( 8.8%) |
| Median Home Value | $234,067 |
| Average Home Value | $247,075 |
Housing Distribution
Address Breakdown
Residential
3,911
Single Family
3,911
Multi-Family
0
Businesses
124
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Listed by: Morgan McLamb Flowers • Coldwell Banker Mcmillan And Associates
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20243579
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