587 Nance RdAbbevilleSC29620
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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
Total monthly income runs $1,333/mo, and a $2,619/mo payment. Purchase price stands at $535,000, and rental yield measures 2.99% with $1,333/mo rent. Return on cash invested shows 7.43% in year one, and 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 35.6% and total cumulative return in cash records $62,656. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,333/mo property income covering a $2,619/mo payment rather than investor’s personal income.
Single Family
Built in 1983
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29620, Abbeville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,155 (100%) |
| Owner Occupied HU | 4,127 (67.1%) |
| Renter Occupied HU | 1,138 (18.5%) |
| Vacant Housing Units | 890 (14.5%) |
| Median Home Value | $180,348 |
| Average Home Value | $215,574 |
Housing Distribution
Address Breakdown
Residential
5,530
Single Family
5,396
Multi-Family
134
Businesses
522
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Listed by: Lynn Blanton • Keller Williams Greenwood
Mls Name: WUMLS
Mls ID: #20294507