3820 Brookfield RdFlorenceSC29505
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 3820 Brookfield Rd, Florence, SC, 29505 uses $66,300 cash to close to unlock $7,228/yr annual cash flow and $602/mo monthly cash flow. Total monthly income runs $1,793/mo, and a $979/mo payment keeps the spread at $602/mo. Purchase price stands at $200,000, and rental yield measures 10.76% with $1,793/mo rent. Return on cash invested shows 30.81% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 161.06% and total cumulative return in cash records $106,784. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,793/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29505, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,108 (100%) |
| Owner Occupied HU | 7,572 (68.2%) |
| Renter Occupied HU | 2,799 (25.2%) |
| Vacant Housing Units | 737 ( 6.6%) |
| Median Home Value | $208,918 |
| Average Home Value | $232,601 |
Housing Distribution
Address Breakdown
Residential
10,829
Single Family
9,867
Multi-Family
962
Businesses
558
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Morgan McLamb Flowers • Coldwell Banker Mcmillan And Associates
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20252769
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.