388 Warren StAllendaleSC29810
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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 Allendale at 388 Warren St, Allendale, SC, 29810 priced at $159,000 converts $1,231/mo rent into $285/mo cash flow after a $778/mo obligation. Total monthly income equals $1,231/mo, and annual cash flow totals $3,417/yr on $52,709 invested. Return on cash invested prints 26.39% in year one, and rental yield reads 9.29% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 137.33% and total cumulative return in cash sums $72,384. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,231/mo property income covering a $778/mo payment, not borrower’s personal income.
Single Family
Built in 1977
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29810, Allendale, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,117 (100%) |
| Owner Occupied HU | 1,183 (55.9%) |
| Renter Occupied HU | 581 (27.4%) |
| Vacant Housing Units | 353 (16.7%) |
| Median Home Value | $59,036 |
| Average Home Value | $93,142 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,774
Multi-Family
24
Businesses
210
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Listed by: Tradd Makar • The HomesFinder Realty Group
Mls Name: Lowcountry Regional MLS
Mls ID: #193100