582 Parkwood TerAllendaleSC29810
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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
Rental property for sale in Allendale at 582 Parkwood Ter, Allendale, SC, 29810 offers $954/mo rent that, after a $587/mo payment, leaves $240/mo cash flow. Total monthly income is $954/mo, and annual cash flow is $2,880/yr on $39,780 cash. Return on cash invested measures 27.15% in year one, and rental yield stands at 9.54% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 141.35% and total cumulative return in cash reaches $56,227. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $954/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29810, Allendale, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,117 (100%) |
| Owner Occupied HU | 1,183 (55.9%) |
| Renter Occupied HU | 581 (27.4%) |
| Vacant Housing Units | 353 (16.7%) |
| Median Home Value | $59,036 |
| Average Home Value | $93,142 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,774
Multi-Family
24
Businesses
210
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Listed by: Williette Lee • EXP Realty LLC (938)
Mls Name: REsides, Inc.
Mls ID: #453410