302 Turnwall Ln, Elgin, SC, 29045 | 6.79% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,179/mo, and a $1,884/mo payment. Purchase price stands at $385,000, and rental yield measures 6.79% with $2,179/mo rent. Return on cash invested shows 16.06% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 82.9% and total cumulative return in cash records $105,802. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,179/mo property income covering a $1,884/mo payment rather than investor’s personal income.

Single Family

Built in 2015

N/A lot

$N/A/sqft

$890 quarterly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 29045, Elgin, SC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,039 (100%)
Owner Occupied HU	9,414 (78.2%)
Renter Occupied HU	1,752 (14.6%)
Vacant Housing Units	873 ( 7.3%)
Median Home Value	$279,894
Average Home Value	$321,774