648 Old Charleston RdPelionSC29123
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 648 Old Charleston Rd, Pelion, SC, 29123 in Pelion: $2,336/mo in rent, $659/mo in net income, 9.95% gross yield, 1.84 DSCR, all at $281,700. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $77,829 in appreciation and $2,594/yr in principal paydown projects total cumulative return of $148,927.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.2% |
| Monthly Cash Flow | $659 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,336 |
| Total Monthly Debt Service | $1,565 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29123, Pelion, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,119 (100%) |
| Owner Occupied HU | 2,339 (75.0%) |
| Renter Occupied HU | 477 (15.3%) |
| Vacant Housing Units | 303 ( 9.7%) |
| Median Home Value | $211,914 |
| Average Home Value | $263,011 |
Housing Distribution
Address Breakdown
Residential
2,977
Single Family
2,977
Multi-Family
0
Businesses
109
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
Single Family
Built in 2025
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29123, Pelion, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,119 (100%) |
| Owner Occupied HU | 2,339 (75.0%) |
| Renter Occupied HU | 477 (15.3%) |
| Vacant Housing Units | 303 ( 9.7%) |
| Median Home Value | $211,914 |
| Average Home Value | $263,011 |
Housing Distribution
Address Breakdown
Residential
2,977
Single Family
2,977
Multi-Family
0
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lakeysha Smith • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #623403
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC