524 Palm Sedge LoopElginSC29045
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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 Elgin at 524 Palm Sedge Loop, Elgin, SC, 29045 with 5% annual appreciation on a $585,000 basis while $3,529/mo rent supports operations. 8% in year one. Equity gained on principal adds $3,775/yr, and five-year appreciation sums $161,625 alongside rental yield of 7.24%. Five-year ROI measures 102.13% and total cumulative return in cash totals $196,566. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,529/mo property income versus a $2,863/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
0.36 Acres lot
$N/A/sqft
$1,063 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29045, Elgin, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,039 (100%) |
| Owner Occupied HU | 9,414 (78.2%) |
| Renter Occupied HU | 1,752 (14.6%) |
| Vacant Housing Units | 873 ( 7.3%) |
| Median Home Value | $279,894 |
| Average Home Value | $321,774 |
Housing Distribution
Address Breakdown
Residential
13,024
Single Family
12,229
Multi-Family
795
Businesses
415
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Listed by: Monica Hoover • JPAR Magnolia Group
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #595706
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC