607 Welch RdTimmonsvilleSC29161
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 Timmonsville at 607 Welch Rd, Timmonsville, SC, 29161 priced at $225,900 pairs $1,997/mo rent with $652/mo cash flow after a $1,106/mo payment. Total monthly income equals $1,997/mo, and annual cash flow comes to $7,823/yr on $74,886 invested. Return on cash invested is 30.36% in year one, and rental yield stands at 10.61% on a $225,900 basis. Equity gained on principal adds $1,458/yr, and 5% annual appreciation accumulates to $62,412 by year five. Five-year ROI measures 158.55% and total cumulative return in cash reaches $118,731. For financing, Ziffy Mortgage’s DSCR program evaluates $1,997/mo property income against a $1,106/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29161, Timmonsville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,834 (100%) |
| Owner Occupied HU | 3,209 (66.4%) |
| Renter Occupied HU | 1,058 (21.9%) |
| Vacant Housing Units | 567 (11.7%) |
| Median Home Value | $154,387 |
| Average Home Value | $195,792 |
Housing Distribution
Address Breakdown
Residential
4,658
Single Family
4,658
Multi-Family
0
Businesses
226
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samantha P Murray • Gateway Realty Group
Mls Name: Pee Dee Realtor Association
Mls ID: #20253335