301 S Morgan Ave.AndrewsSC29510
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Andrews at 301 S Morgan Ave, Andrews, SC, 29510 at $259,900 posts ROI 33.96% with $1,009/mo cash flow from $2,556/mo rent. Total monthly income equals $2,556/mo, and annual cash flow records $12,107/yr on $86,157 to close. Return on cash invested measures 33.96% and rental yield reads 11.8% at the current $259,900. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 by year five. Five-year ROI prints 177.87% and total cumulative return in cash totals $153,250.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,556/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29510, Andrews, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,783 (100%) |
| Owner Occupied HU | 3,308 (69.2%) |
| Renter Occupied HU | 919 (19.2%) |
| Vacant Housing Units | 556 (11.6%) |
| Median Home Value | $150,212 |
| Average Home Value | $199,631 |
Housing Distribution
Address Breakdown
Residential
4,328
Single Family
4,152
Multi-Family
176
Businesses
314
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Nearby investment properties with comparable prices
Listed by: The Coast & Country Team • RE/MAX Executive
Mls Name: CCAR
Mls ID: #2528216