608 N Congdon St LOT AGeorgetownSC29440
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
Investment property for sale in Georgetown at 608 N Congdon St LOT A, Georgetown, SC, 29440 at $311,800 posts ROI 30.75% with $934/mo cash flow from $2,790/mo rent. Total monthly income equals $2,790/mo, and annual cash flow records $11,208/yr on $103,362 to close. Return on cash invested measures 30.75% and rental yield reads 10.74% at the current $311,800. Equity gained on principal adds $2,012/yr, and 5% annual appreciation supports $86,145 by year five. Five-year ROI prints 160.73% and total cumulative return in cash totals $166,137.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,790/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29440, Georgetown, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,040 (100%) |
| Owner Occupied HU | 9,010 (64.2%) |
| Renter Occupied HU | 2,616 (18.6%) |
| Vacant Housing Units | 2,414 (17.2%) |
| Median Home Value | $215,863 |
| Average Home Value | $349,134 |
Housing Distribution
Address Breakdown
Residential
13,152
Single Family
12,984
Multi-Family
168
Businesses
906
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A