3129 Land Grant DrTimmonsvilleSC29161
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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 Timmonsville at 3129 Land Grant Dr, Timmonsville, SC, 29161 offers $2,701/mo rent that, after a $2,154/mo payment, leaves $81/mo cash flow. Total monthly income is $2,701/mo, and annual cash flow is $976/yr on $145,860 cash. Return on cash invested measures 20.58% in year one, and rental yield stands at 7.37% at a $440,000 entry. Equity gained on principal adds $2,839/yr while 5% annual appreciation compounds into $121,564 by year five. Five-year ROI records 106.14% and total cumulative return in cash reaches $154,810. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,701/mo property income versus a $2,154/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29161, Timmonsville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,834 (100%) |
| Owner Occupied HU | 3,209 (66.4%) |
| Renter Occupied HU | 1,058 (21.9%) |
| Vacant Housing Units | 567 (11.7%) |
| Median Home Value | $154,387 |
| Average Home Value | $195,792 |
Housing Distribution
Address Breakdown
Residential
4,658
Single Family
4,658
Multi-Family
0
Businesses
226
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Listed by: Renee W Yarborough • Greystone Properties, Llc
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20251851
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.