516 E Pine StFlorenceSC29506
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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 Florence at 516 E Pine St, Florence, SC, 29506 at $105,000 posts ROI 27.42% with $218/mo cash flow from $843/mo rent. Total monthly income equals $843/mo, and annual cash flow records $2,615/yr on $34,808 to close. Return on cash invested measures 27.42% and rental yield reads 9.63% at the current $105,000. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 by year five. Five-year ROI prints 142.84% and total cumulative return in cash totals $49,718.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $843/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29506, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,849 (100%) |
| Owner Occupied HU | 4,618 (52.2%) |
| Renter Occupied HU | 3,004 (33.9%) |
| Vacant Housing Units | 1,227 (13.9%) |
| Median Home Value | $141,365 |
| Average Home Value | $217,423 |
Housing Distribution
Address Breakdown
Residential
8,295
Single Family
7,589
Multi-Family
706
Businesses
597
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Listed by: Danielle Hooker • My Real Estate Group,llc
Mls Name: Pee Dee Realtor Association
Mls ID: #20254132