322 High StCherawSC29520
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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
Investment property for sale in Cheraw at 322 High St, Cheraw, SC, 29520 with 5% annual appreciation on a $144,000 basis while $1,649/mo rent supports operations. Total monthly income totals $1,649/mo and a $705/mo payment preserves $792/mo for cash returns. Annual cash flow comes to $9,499/yr on $47,736 deployed, and return on cash invested reaches 39.81% in year one. Equity gained on principal adds $929/yr, and five-year appreciation sums $39,785 alongside rental yield of 13.74%. Five-year ROI measures 209.26% and total cumulative return in cash totals $99,894.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,649/mo property income versus a $705/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29520, Cheraw, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,308 (100%) |
| Owner Occupied HU | 3,863 (61.2%) |
| Renter Occupied HU | 1,490 (23.6%) |
| Vacant Housing Units | 955 (15.1%) |
| Median Home Value | $144,354 |
| Average Home Value | $176,859 |
Housing Distribution
Address Breakdown
Residential
5,865
Single Family
5,848
Multi-Family
17
Businesses
584
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Listed by: J. B Lofton • J.b. Lofton
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20242529
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.