329 West Marion St.MullinsSC29574
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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 Mullins at 329 West Marion St, Mullins, SC, 29574 uses $66,267 cash to close to unlock $4,493/yr annual cash flow and $374/mo monthly cash flow. Total monthly income runs $1,564/mo, and a $978/mo payment keeps the spread at $374/mo. Purchase price stands at $199,900, and rental yield measures 9.39% with $1,564/mo rent. Return on cash invested shows 26.69% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 138.93% and total cumulative return in cash records $92,065. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,564/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1960
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29574, Mullins, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,064 (100%) |
| Owner Occupied HU | 3,001 (59.3%) |
| Renter Occupied HU | 1,258 (24.8%) |
| Vacant Housing Units | 805 (15.9%) |
| Median Home Value | $97,483 |
| Average Home Value | $139,026 |
Housing Distribution
Address Breakdown
Residential
4,732
Single Family
4,709
Multi-Family
23
Businesses
428
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Listed by: Mark D McCloskey • Century 21 The Harrelson Group
Mls Name: CCAR
Mls ID: #2521789