408 Johns StFlorenceSC29506
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 Florence at 408 Johns St, Florence, SC, 29506 earns $122/mo cash flow from $1,128/mo rent with a $827/mo payment. Total monthly income totals $1,128/mo, and annual cash flow totals $1,466/yr on $56,024 capital. ROI tracks 22.53% on current figures, and rental yield reads 8.01% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 116.62% and total cumulative return in cash sums $65,335. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,128/mo property income instead of your personal income.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29506, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,849 (100%) |
| Owner Occupied HU | 4,618 (52.2%) |
| Renter Occupied HU | 3,004 (33.9%) |
| Vacant Housing Units | 1,227 (13.9%) |
| Median Home Value | $141,365 |
| Average Home Value | $217,423 |
Housing Distribution
Address Breakdown
Residential
8,295
Single Family
7,589
Multi-Family
706
Businesses
597
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abigail Howard • Real Broker, Llc
Mls Name: Pee Dee Realtor Association
Mls ID: #2600059