494 Old Spell RdSaint GeorgeSC29477
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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 Saint George at 494 Old Spell Rd, Saint George, SC, 29477 generates $2,473/mo in rent, after a $2,472/mo payment. Total monthly income is $2,473/mo. Return on cash invested sits at 16.21% in year one, and rental yield is 5.88% on a $505,000 entry. Equity gained on principal adds $3,259/yr, while 5% annual appreciation builds toward $139,522 over five years. Five-year ROI reaches 82.66% and total cumulative return in cash sums $137,334. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,473/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
19.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29477, Saint George, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,070 (100%) |
| Owner Occupied HU | 2,171 (70.7%) |
| Renter Occupied HU | 547 (17.8%) |
| Vacant Housing Units | 352 (11.5%) |
| Median Home Value | $179,911 |
| Average Home Value | $219,043 |
Housing Distribution
Address Breakdown
Residential
2,997
Single Family
2,929
Multi-Family
68
Businesses
315
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Listed by: N/A • EXP Realty LLC
Mls Name: CTMLS
Mls Provider:
Mls ID: #24024441
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