284 Oakdale RdCherawSC29520
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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 Cheraw at 284 Oakdale Rd, Cheraw, SC, 29520 uses $49,559 cash to close to unlock $2,205/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $1,074/mo, and a $732/mo payment keeps the spread at $184/mo. Purchase price stands at $149,500, and rental yield measures 8.62% with $1,074/mo rent. Return on cash invested shows 24.36% in year one, and 5% annual appreciation builds toward $41,304 over five years. Five-year ROI reaches 126.4% and total cumulative return in cash records $62,645. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,074/mo property income covering a $732/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29520, Cheraw, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,308 (100%) |
| Owner Occupied HU | 3,863 (61.2%) |
| Renter Occupied HU | 1,490 (23.6%) |
| Vacant Housing Units | 955 (15.1%) |
| Median Home Value | $144,354 |
| Average Home Value | $176,859 |
Housing Distribution
Address Breakdown
Residential
5,865
Single Family
5,848
Multi-Family
17
Businesses
584
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Listed by: Jill K Perry • Palmetto Realty Chesterfield Sc, Llc
Mls Name: Pee Dee Realtor Association
Mls ID: #20254126