2797 Leola Hill 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 2797 Leola Hill Dr, Florence, SC, 29506 offers a 8.92% rental yield on a $189,000 purchase with $1,405/mo rent. Total monthly income registers $1,405/mo, and a $925/mo payment leaves $280/mo available for distribution. Annual cash flow reaches $3,360/yr on $62,654 to close, and return on cash invested stands at 25.27% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 131.27% and total cumulative return in cash at $82,246. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,405/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
0.46 Acres 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: Weston C Oates • Home Solutions Of Sc
Mls Name: Pee Dee Realtor Association
Mls ID: #20253012