312 Elk StBishopvilleSC29010
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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 Bishopville at 312 Elk St, Bishopville, SC, 29010 generates $1,286/mo in rent and, after a $808/mo payment, leaves $227/mo in cash flow. Total monthly income is $1,286/mo, and annual cash flow is $2,726/yr on $54,698 invested. Return on cash invested sits at 24.89% in year one, and rental yield is 9.35% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 129.96% and total cumulative return in cash sums $71,087. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,286/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29010, Bishopville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,963 (100%) |
| Owner Occupied HU | 3,030 (61.1%) |
| Renter Occupied HU | 1,277 (25.7%) |
| Vacant Housing Units | 656 (13.2%) |
| Median Home Value | $120,195 |
| Average Home Value | $144,535 |
Housing Distribution
Address Breakdown
Residential
4,762
Single Family
4,515
Multi-Family
247
Businesses
436
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Listed by: Blake Lyles • LIVE OAK REALTY
Mls Name: Sumter BOR
Mls Provider:
Mls ID: #200137
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