406 E Effingham HwyEffinghamSC29541
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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 Effingham at 406 E Effingham Hwy, Effingham, SC, 29541 offers $1,868/mo rent that, after a $1,101/mo payment, leaves $529/mo cash flow. Total monthly income is $1,868/mo, and annual cash flow is $6,347/yr on $74,588 cash. Return on cash invested measures 28.42% in year one, and rental yield stands at 9.96% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 148.15% and total cumulative return in cash reaches $110,505. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,868/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29541, Effingham, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,007 (100%) |
| Owner Occupied HU | 2,981 (74.4%) |
| Renter Occupied HU | 672 (16.8%) |
| Vacant Housing Units | 354 ( 8.8%) |
| Median Home Value | $234,067 |
| Average Home Value | $247,075 |
Housing Distribution
Address Breakdown
Residential
3,911
Single Family
3,911
Multi-Family
0
Businesses
124
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Listed by: Crystal A White Stroud • My Real Estate Group,llc
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20242186
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.