307 Irick StEutawvilleSC29048
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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 Eutawville at 307 Irick St, Eutawville, SC, 29048 uses $58,013 cash to close to unlock $3,166/yr annual cash flow and $264/mo monthly cash flow. Total monthly income runs $1,306/mo, and a $857/mo payment keeps the spread at $264/mo. Purchase price stands at $175,000, and rental yield measures 8.96% with $1,306/mo rent. Return on cash invested shows 25.37% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 131.82% and total cumulative return in cash records $76,471. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,306/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29048, Eutawville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,794 (100%) |
| Owner Occupied HU | 1,657 (59.3%) |
| Renter Occupied HU | 301 (10.8%) |
| Vacant Housing Units | 836 (29.9%) |
| Median Home Value | $167,779 |
| Average Home Value | $203,422 |
Housing Distribution
Address Breakdown
Residential
2,276
Single Family
2,276
Multi-Family
0
Businesses
108
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Listed by: N/A • ERA Wilder Realty Inc.
Mls Name: CTMLS
Mls ID: #25029914