5502 E Old Marion HwyFlorenceSC29506
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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 5502 E Old Marion Hwy, Florence, SC, 29506 offers a 7.57% rental yield on a $237,680 purchase with $1,500/mo rent. Total monthly income registers $1,500/mo, and a $1,163/mo payment leaves $85/mo available for distribution. Annual cash flow reaches $1,025/yr on $78,791 to close, and return on cash invested stands at 21.21% in year one. Equity gained on principal adds $1,534/yr while 5% annual appreciation supports $65,667 over five years. Portfolio math shows five-year ROI at 109.53% and total cumulative return in cash at $86,298. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $1,163/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.28 Acres 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: Abigail Howard • Real Broker, Llc
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20253303
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.