4596 Norway RdNorwaySC29113
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 Norway at 4596 Norway Rd, Norway, SC, 29113 offers a 19.53% rental yield on a $160,800 purchase with $2,617/mo rent. Total monthly income registers $2,617/mo, and a $787/mo payment leaves $1,660/mo available for distribution. Annual cash flow reaches $19,918/yr on $53,305 to close, and return on cash invested stands at 57.27% in year one. Equity gained on principal adds $1,038/yr while 5% annual appreciation supports $44,426 over five years. Portfolio math shows five-year ROI at 302.92% and total cumulative return in cash at $161,473. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,617/mo property income against a $787/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29113, Norway, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 721 (100%) |
| Owner Occupied HU | 495 (68.7%) |
| Renter Occupied HU | 101 (14.0%) |
| Vacant Housing Units | 125 (17.3%) |
| Median Home Value | $95,323 |
| Average Home Value | $167,061 |
Housing Distribution
Address Breakdown
Residential
533
Single Family
533
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A