414 King St.GeorgetownSC29440
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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 Georgetown at 414 King St, Georgetown, SC, 29440 priced at $199,900 converts $1,607/mo rent into $417/mo cash flow after a $978/mo obligation. Total monthly income equals $1,607/mo, and annual cash flow totals $5,009/yr on $66,267 invested. Return on cash invested prints 27.47% in year one, and rental yield reads 9.65% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 143.09% and total cumulative return in cash sums $94,825. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,607/mo property income covering a $978/mo payment, not borrower’s personal income.
Multi Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29440, Georgetown, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,040 (100%) |
| Owner Occupied HU | 9,010 (64.2%) |
| Renter Occupied HU | 2,616 (18.6%) |
| Vacant Housing Units | 2,414 (17.2%) |
| Median Home Value | $215,863 |
| Average Home Value | $349,134 |
Housing Distribution
Address Breakdown
Residential
13,152
Single Family
12,984
Multi-Family
168
Businesses
906
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Listed by: Dylan Oriolo • Greyfeather Group EXP Realty
Mls Name: CCAR
Mls ID: #2516825