278 Megill DrPelionSC29123
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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 Pelion at 278 Megill Dr, Pelion, SC, 29123 listed at $267,000 pairs $1,775/mo rent with a $1,307/mo payment to leave $185/mo cash flow. Total monthly income runs $1,775/mo, and annual cash flow reaches $2,225/yr on $88,511 cash to close. Return on cash invested measures 22.42% in year one, and rental yield registers 7.98% at a $267,000 basis. Equity gained on principal adds $1,723/yr, and annual property appreciation at 5% supports $73,767 by year five. Five-year ROI tracks 116.04% and total cumulative return in cash totals $102,703. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,775/mo property income relative to a $1,307/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
5.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29123, Pelion, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,119 (100%) |
| Owner Occupied HU | 2,339 (75.0%) |
| Renter Occupied HU | 477 (15.3%) |
| Vacant Housing Units | 303 ( 9.7%) |
| Median Home Value | $211,914 |
| Average Home Value | $263,011 |
Housing Distribution
Address Breakdown
Residential
2,977
Single Family
2,977
Multi-Family
0
Businesses
109
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Listed by: Summer Brewer • Fathom Realty SC LLC
Mls Name: Consolidated MLS
Mls ID: #623592