3508 Thurgood Marshall HighwayKingstreeSC29556
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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 Kingstree at 3508 Thurgood Marshall Highway, Kingstree, SC, 29556 uses $65,969 cash to close to unlock $4,565/yr annual cash flow and $380/mo monthly cash flow. Total monthly income runs $1,565/mo, and a $974/mo payment keeps the spread at $380/mo. Purchase price stands at $199,000, and rental yield measures 9.44% with $1,565/mo rent. Return on cash invested shows 26.83% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 139.68% and total cumulative return in cash records $92,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,565/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1920
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29556, Kingstree, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,768 (100%) |
| Owner Occupied HU | 3,631 (63.0%) |
| Renter Occupied HU | 1,304 (22.6%) |
| Vacant Housing Units | 833 (14.4%) |
| Median Home Value | $110,060 |
| Average Home Value | $155,442 |
Housing Distribution
Address Breakdown
Residential
5,234
Single Family
5,130
Multi-Family
104
Businesses
582
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Listed by: Michele M McCutchen • Tidewater Properties
Mls Name: CCAR
Mls ID: #2527732