613 Edge Creek LnFlorenceSC29505
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 Florence at 613 Edge Creek Ln, Florence, SC, 29505 offers $2,388/mo rent that, after a $1,552/mo payment, leaves $500/mo cash flow. Total monthly income is $2,388/mo, and annual cash flow is $6,005/yr on $105,119 cash. Return on cash invested measures 25.62% in year one, and rental yield stands at 9.04% at a $317,100 entry. Equity gained on principal adds $2,046/yr while 5% annual appreciation compounds into $87,609 by year five. Five-year ROI records 133.19% and total cumulative return in cash reaches $140,009. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,388/mo property income versus a $1,552/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29505, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,108 (100%) |
| Owner Occupied HU | 7,572 (68.2%) |
| Renter Occupied HU | 2,799 (25.2%) |
| Vacant Housing Units | 737 ( 6.6%) |
| Median Home Value | $208,918 |
| Average Home Value | $232,601 |
Housing Distribution
Address Breakdown
Residential
10,829
Single Family
9,867
Multi-Family
962
Businesses
558
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Nearby investment properties with comparable prices
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