308 E Miller StJeffersonSC29718
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 308 E Miller St, Jefferson, SC, 29718 in Jefferson hard to pass up. The 10.02% gross yield on a $485,000 purchase results in $4,051/mo in rent and $1,164/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.86). Annual cash flow of $13,969, five-year appreciation of $133,997, and $4,467/yr in equity build-up combine for a projected total cumulative return of $258,309.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.2% |
| Monthly Cash Flow | $1,164 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,051 |
| Total Monthly Debt Service | $2,694 |
| DSCR Ratio | 1.50x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1989
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29718, Jefferson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,735 (100%) |
| Owner Occupied HU | 1,208 (69.6%) |
| Renter Occupied HU | 332 (19.1%) |
| Vacant Housing Units | 195 (11.2%) |
| Median Home Value | $114,244 |
| Average Home Value | $131,614 |
Housing Distribution
Address Breakdown
Residential
1,568
Single Family
1,568
Multi-Family
0
Businesses
118
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
Single Family
Built in 1989
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29718, Jefferson, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,735 (100%) |
| Owner Occupied HU | 1,208 (69.6%) |
| Renter Occupied HU | 332 (19.1%) |
| Vacant Housing Units | 195 (11.2%) |
| Median Home Value | $114,244 |
| Average Home Value | $131,614 |
Housing Distribution
Address Breakdown
Residential
1,568
Single Family
1,568
Multi-Family
0
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ginger M Givens • Southern Elite Realty, Llc
Mls Name: Pee Dee Realtor Association
Mls ID: #2600211