406 S Rosemary Ave.AndrewsSC29510
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 Andrews at 406 S Rosemary Ave, Andrews, SC, 29510 uses $107,738 cash to close to unlock $10,105/yr annual cash flow and $842/mo monthly cash flow. Total monthly income runs $2,777/mo, and a $1,591/mo payment keeps the spread at $842/mo. Purchase price stands at $325,000, and rental yield measures 10.25% with $2,777/mo rent. Return on cash invested shows 29.29% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 152.87% and total cumulative return in cash records $164,701. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,777/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29510, Andrews, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,783 (100%) |
| Owner Occupied HU | 3,308 (69.2%) |
| Renter Occupied HU | 919 (19.2%) |
| Vacant Housing Units | 556 (11.6%) |
| Median Home Value | $150,212 |
| Average Home Value | $199,631 |
Housing Distribution
Address Breakdown
Residential
4,328
Single Family
4,152
Multi-Family
176
Businesses
314
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zane Meadors • Keller Williams Oak and Ocean
Mls Name: CCAR
Mls ID: #2525265