351 Irick StEutawvilleSC29048
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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 Eutawville at 351 Irick St, Eutawville, SC, 29048 offers $1,106/mo rent that, after a $1,077/mo payment. Total monthly income is $1,106/mo. Return on cash invested measures 16.56% in year one, and rental yield stands at 6.03% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 84.61% and total cumulative return in cash reaches $61,703. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,106/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29048, Eutawville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,794 (100%) |
| Owner Occupied HU | 1,657 (59.3%) |
| Renter Occupied HU | 301 (10.8%) |
| Vacant Housing Units | 836 (29.9%) |
| Median Home Value | $167,779 |
| Average Home Value | $203,422 |
Housing Distribution
Address Breakdown
Residential
2,276
Single Family
2,276
Multi-Family
0
Businesses
108
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Listed by: N/A • Compass Carolinas, LLC
Mls Name: CTMLS
Mls ID: #25026058