413 S Park StMullinsSC29574
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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 Mullins at 413 S Park St, Mullins, SC, 29574 generates $1,104/mo in rent and, after a $683/mo payment, leaves $273/mo in cash flow. Total monthly income is $1,104/mo, and annual cash flow is $3,280/yr on $46,244 invested. Return on cash invested sits at 27% in year one, and rental yield is 9.5% on a $139,500 entry. Equity gained on principal adds $900/yr, while 5% annual appreciation builds toward $38,541 over five years. Five-year ROI reaches 140.66% and total cumulative return in cash sums $65,049. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,104/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29574, Mullins, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,064 (100%) |
| Owner Occupied HU | 3,001 (59.3%) |
| Renter Occupied HU | 1,258 (24.8%) |
| Vacant Housing Units | 805 (15.9%) |
| Median Home Value | $97,483 |
| Average Home Value | $139,026 |
Housing Distribution
Address Breakdown
Residential
4,732
Single Family
4,709
Multi-Family
23
Businesses
428
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Listed by: Leslie S Drew • The George Agency
Mls Name: Pee Dee Realtor Association
Mls ID: #20253120