609 3rd AveKingstreeSC29556
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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 Kingstree at 609 3rd Ave, Kingstree, SC, 29556 generates $1,456/mo in rent and, after a $1,003/mo payment, leaves $236/mo in cash flow. Total monthly income is $1,456/mo, and annual cash flow is $2,833/yr on $67,958 invested. Return on cash invested sits at 24.08% in year one, and rental yield is 8.52% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 124.96% and total cumulative return in cash sums $84,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,456/mo property income rather than buyer’s personal income.
Single Family
Built in 1923
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29556, Kingstree, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,768 (100%) |
| Owner Occupied HU | 3,631 (63.0%) |
| Renter Occupied HU | 1,304 (22.6%) |
| Vacant Housing Units | 833 (14.4%) |
| Median Home Value | $110,060 |
| Average Home Value | $155,442 |
Housing Distribution
Address Breakdown
Residential
5,234
Single Family
5,130
Multi-Family
104
Businesses
582
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Listed by: Anareli Branch • Greystone Properties, Llc
Mls Name: Pee Dee Realtor Association
Mls ID: #20254055