601 W Madison StDillonSC29536
Nearby investment properties with comparable rents
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
Rental property for sale in Dillon at 601 W Madison St, Dillon, SC, 29536 offers $1,435/mo rent that, after a $1,101/mo payment, leaves $96/mo cash flow. Total monthly income is $1,435/mo, and annual cash flow is $1,151/yr on $74,588 cash. Return on cash invested measures 21.45% in year one, and rental yield stands at 7.65% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 110.8% and total cumulative return in cash reaches $82,641. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,435/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29536, Dillon, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,000 (100%) |
| Owner Occupied HU | 3,943 (56.3%) |
| Renter Occupied HU | 2,121 (30.3%) |
| Vacant Housing Units | 936 (13.4%) |
| Median Home Value | $93,056 |
| Average Home Value | $153,312 |
Housing Distribution
Address Breakdown
Residential
6,428
Single Family
6,396
Multi-Family
32
Businesses
753
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Listed by: Jacalyn S Smith • Dillon Realty Inc
Mls Name: Pee Dee Realtor Association
Mls ID: #20253060