600 Robinhood DrCherawSC29520
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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 Cheraw at 600 Robinhood Dr, Cheraw, SC, 29520 priced at $345,000 converts $2,138/mo rent into $84/mo cash flow after a $1,689/mo obligation. Total monthly income equals $2,138/mo, and annual cash flow totals $1,007/yr on $114,368 invested. Return on cash invested prints 20.79% in year one, and rental yield reads 7.44% against a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 107.24% and total cumulative return in cash sums $122,644. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,138/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29520, Cheraw, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,308 (100%) |
| Owner Occupied HU | 3,863 (61.2%) |
| Renter Occupied HU | 1,490 (23.6%) |
| Vacant Housing Units | 955 (15.1%) |
| Median Home Value | $144,354 |
| Average Home Value | $176,859 |
Housing Distribution
Address Breakdown
Residential
5,865
Single Family
5,848
Multi-Family
17
Businesses
584
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Listed by: Mary D Anderson • Lewis Realty
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20251672
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.