4113 Byrnes BlvdFlorenceSC29506
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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 Florence at 4113 Byrnes Blvd, Florence, SC, 29506 generates $4,127/mo in rent, after a $3,414/mo payment. Total monthly income is $4,127/mo. Return on cash invested sits at 19.67% in year one, and rental yield is 7.1% on a $697,500 entry. Equity gained on principal adds $4,501/yr, while 5% annual appreciation builds toward $192,706 over five years. Five-year ROI reaches 101.29% and total cumulative return in cash sums $232,439. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,127/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.71 Acres lot
$N/A/sqft
$600 annually 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
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Listed by: Helen W Johnson • Era Leatherman Realty, Inc.
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20253797
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.