404 Jessamine RdMarionSC29571
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 Marion at 404 Jessamine Rd, Marion, SC, 29571 with 5% annual appreciation on a $115,000 basis while $893/mo rent supports operations. Total monthly income totals $893/mo and a $563/mo payment preserves $208/mo for cash returns. Annual cash flow comes to $2,500/yr on $38,123 deployed, and return on cash invested reaches 26.47% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 9.32%. Five-year ROI measures 137.8% and total cumulative return in cash totals $52,533.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $893/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2003
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29571, Marion, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,861 (100%) |
| Owner Occupied HU | 4,172 (60.8%) |
| Renter Occupied HU | 1,853 (27.0%) |
| Vacant Housing Units | 836 (12.2%) |
| Median Home Value | $115,681 |
| Average Home Value | $161,943 |
Housing Distribution
Address Breakdown
Residential
6,417
Single Family
6,293
Multi-Family
124
Businesses
577
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Listed by: Henry C Edwards • Aiken & Company
Mls Name: Pee Dee Realtor Association
Mls ID: #20254359