502 Caledonia LoopLandrumSC29356
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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
Investment property for sale in Landrum at 502 Caledonia Loop, Landrum, SC, 29356 earns from $3,192/mo rent with a $4,527/mo payment. Total monthly income totals $3,192/mo. ROI tracks 10.84% on current figures, and rental yield reads 4.14% at a $925,000 purchase. Equity gained on principal adds $5,969/yr, and 5% annual appreciation supports $255,560 over five years. Five-year ROI reaches 53.9% and total cumulative return in cash sums $164,017. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,192/mo property income instead of your personal income.
Single Family
Built in 2010
0.98 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29356, Landrum, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,752 (100%) |
| Owner Occupied HU | 3,521 (74.1%) |
| Renter Occupied HU | 557 (11.7%) |
| Vacant Housing Units | 674 (14.2%) |
| Median Home Value | $407,564 |
| Average Home Value | $511,720 |
Housing Distribution
Address Breakdown
Residential
4,424
Single Family
4,011
Multi-Family
413
Businesses
374
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Listed by: Vinessa Hyder • Gateway Realty
Mls Name: SAR
Mls Provider:
Mls ID: #322460
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.