711 Parrish DrMullinsSC29574
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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 Mullins at 711 Parrish Dr, Mullins, SC, 29574 listed at $125,000 pairs $942/mo rent with a $612/mo payment to leave $129/mo cash flow. Total monthly income runs $942/mo, and annual cash flow reaches $1,544/yr on $41,438 cash to close. Return on cash invested measures 23.63% in year one, and rental yield registers 9.04% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 123.26% and total cumulative return in cash totals $51,077. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $942/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29574, Mullins, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,064 (100%) |
| Owner Occupied HU | 3,001 (59.3%) |
| Renter Occupied HU | 1,258 (24.8%) |
| Vacant Housing Units | 805 (15.9%) |
| Median Home Value | $97,483 |
| Average Home Value | $139,026 |
Housing Distribution
Address Breakdown
Residential
4,732
Single Family
4,709
Multi-Family
23
Businesses
428
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Listed by: Jalisa Clark • Keller Williams Preferred
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #610401
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC