305 Tec RdCherawSC29520
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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 Cheraw at 305 Tec Rd, Cheraw, SC, 29520 at $224,000 posts ROI 28.75% with $547/mo cash flow from $1,880/mo rent. Total monthly income equals $1,880/mo, and annual cash flow records $6,563/yr on $74,256 to close. Return on cash invested measures 28.75% and rental yield reads 10.07% at the current $224,000. Equity gained on principal adds $1,445/yr, and 5% annual appreciation supports $61,887 by year five. Five-year ROI prints 149.91% and total cumulative return in cash totals $111,319.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,880/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
1.10 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: Mary D Anderson • Lewis Realty
Mls Name: Pee Dee Realtor Association
Mls ID: #20254385