4524 Echols DrSharonSC29742
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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 Sharon at 4524 Echols Dr, Sharon, SC, 29742 generates $2,190/mo in rent and, after a $1,713/mo payment, leaves $107/mo in cash flow. Total monthly income is $2,190/mo, and annual cash flow is $1,279/yr on $116,025 invested. Return on cash invested sits at 21.01% in year one, and rental yield is 7.51% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 108.45% and total cumulative return in cash sums $125,834. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,190/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29742, Sharon, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 929 (76.7%) |
| Renter Occupied HU | 125 (10.3%) |
| Vacant Housing Units | 158 (13.0%) |
| Median Home Value | $300,258 |
| Average Home Value | $356,346 |
Housing Distribution
Address Breakdown
Residential
993
Single Family
993
Multi-Family
0
Businesses
36
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Listed by: Hoby Groves • Howard Hanna Allen Tate Rock Hill
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4332493