3209 Crestview DrFlorenceSC29501
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
Investment Highlights
Investment property for sale in Florence at 3209 Crestview Dr, Florence, SC, 29501 offers a 9.22% rental yield on a $160,000 purchase with $1,229/mo rent. Total monthly income registers $1,229/mo, and a $783/mo payment leaves $277/mo available for distribution. Annual cash flow reaches $3,320/yr on $53,040 to close, and return on cash invested stands at 26.17% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 136.13% and total cumulative return in cash at $72,206. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,229/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.49 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Travis L Merritts • Brand Name Real Estate
Mls Name: Pee Dee Realtor Association
Mls ID: #20253340