706 Poor Farm RdEffinghamSC29541
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 Effingham at 706 Poor Farm Rd, Effingham, SC, 29541 uses $74,588 cash to close to unlock $2,579/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $1,554/mo, and a $1,101/mo payment keeps the spread at $215/mo. Purchase price stands at $225,000, and rental yield measures 8.29% with $1,554/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 121.06% and total cumulative return in cash records $90,297. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,554/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1900
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29541, Effingham, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,007 (100%) |
| Owner Occupied HU | 2,981 (74.4%) |
| Renter Occupied HU | 672 (16.8%) |
| Vacant Housing Units | 354 ( 8.8%) |
| Median Home Value | $234,067 |
| Average Home Value | $247,075 |
Housing Distribution
Address Breakdown
Residential
3,911
Single Family
3,911
Multi-Family
0
Businesses
124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John D Martin • Carolina Realty And Associates
Mls Name: Pee Dee Realtor Association
Mls ID: #20254496