506 Ellis StVarnvilleSC29924
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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 Varnville at 506 Ellis St, Varnville, SC, 29924 at $175,000 posts ROI 30.19% with $497/mo cash flow from $1,614/mo rent. Total monthly income equals $1,614/mo, and annual cash flow records $5,966/yr on $58,013 to close. Return on cash invested measures 30.19% and rental yield reads 11.07% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 158.3% and total cumulative return in cash totals $91,831.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,614/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29924, Hampton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,990 (100%) |
| Owner Occupied HU | 1,207 (60.7%) |
| Renter Occupied HU | 499 (25.1%) |
| Vacant Housing Units | 284 (14.3%) |
| Median Home Value | $207,993 |
| Average Home Value | $236,027 |
Housing Distribution
Address Breakdown
Residential
1,666
Single Family
1,665
Multi-Family
1
Businesses
359
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Nearby investment properties with comparable prices
Listed by: N/A • 1st Response Realty
Mls Name: CTMLS
Mls Provider:
Mls ID: #25010768
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