509 S Congress StWinnsboroSC29180
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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 Winnsboro at 509 S Congress St, Winnsboro, SC, 29180 with 5% annual appreciation on a $195,000 basis while $1,606/mo rent supports operations. Total monthly income totals $1,606/mo and a $954/mo payment preserves $446/mo for cash returns. Annual cash flow comes to $5,348/yr on $64,643 deployed, and return on cash invested reaches 28.18% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 9.88%. Five-year ROI measures 146.91% and total cumulative return in cash totals $94,966.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,606/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29180, Winnsboro, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,243 (100%) |
| Owner Occupied HU | 3,914 (62.7%) |
| Renter Occupied HU | 1,541 (24.7%) |
| Vacant Housing Units | 788 (12.6%) |
| Median Home Value | $124,078 |
| Average Home Value | $197,230 |
Housing Distribution
Address Breakdown
Residential
5,680
Single Family
5,569
Multi-Family
111
Businesses
452
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Listed by: Caprise Young • LPT Realty LLC
Mls Name: Consolidated MLS
Mls ID: #621176