3029 Allendale DrIndian LandSC29707
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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
Rental property for sale in Indian Land at 3029 Allendale Dr, Indian Land, SC, 29707 priced at $542,000 converts $3,426/mo rent into $40/mo cash flow after a $2,653/mo obligation. Total monthly income equals $3,426/mo, and annual cash flow totals $476/yr on $178,318 invested. Return on cash invested prints 20.33% in year one, and rental yield reads 7.59% against a $542,000 entry. Equity gained on principal adds $3,497/yr, while 5% annual appreciation compiles into $149,745 by year five. Five-year ROI reaches 105.13% and total cumulative return in cash sums $187,458. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,426/mo property income covering a $2,653/mo payment, not borrower’s personal income.
Single Family
Built in 2008
0.27 Acres lot
$N/A/sqft
$150 quarterly HOA
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Listed by: Liz Young • RE/MAX Executive
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4255662
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-23 22:58:13 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)