310 S Calhoun DrFlorenceSC29501
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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 Florence at 310 S Calhoun Dr, Florence, SC, 29501 generates $2,228/mo in rent and, after a $1,395/mo payment, leaves $531/mo in cash flow. Total monthly income is $2,228/mo, and annual cash flow is $6,377/yr on $94,478 invested. Return on cash invested sits at 26.66% in year one, and rental yield is 9.38% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 138.76% and total cumulative return in cash sums $131,094. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,228/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29501, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,851 (100%) |
| Owner Occupied HU | 13,035 (59.7%) |
| Renter Occupied HU | 6,838 (31.3%) |
| Vacant Housing Units | 1,978 ( 9.1%) |
| Median Home Value | $264,758 |
| Average Home Value | $289,616 |
Housing Distribution
Address Breakdown
Residential
21,452
Single Family
19,917
Multi-Family
1,535
Businesses
2,032
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Listed by: Deborah W Gandy • C/b Deborah Gandy
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20251320
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.