408 Cherokee StAbbevilleSC29620
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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
Investment property for sale in Abbeville at 408 Cherokee St, Abbeville, SC, 29620 earns $91/mo cash flow from $943/mo rent with a $582/mo payment. Total monthly income totals $943/mo, and annual cash flow totals $1,092/yr on $39,449 capital. ROI tracks 22.68% on current figures, and rental yield reads 9.51% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 118.95% and total cumulative return in cash sums $46,925. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $943/mo property income instead of your personal income.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29620, Abbeville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,155 (100%) |
| Owner Occupied HU | 4,127 (67.1%) |
| Renter Occupied HU | 1,138 (18.5%) |
| Vacant Housing Units | 890 (14.5%) |
| Median Home Value | $180,348 |
| Average Home Value | $215,574 |
Housing Distribution
Address Breakdown
Residential
5,530
Single Family
5,396
Multi-Family
134
Businesses
522
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Listed by: John Shaw • Shaw Realty
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1548596
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.