718 State Hwy S #38-140ElloreeSC29047
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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
Investment property for sale in Elloree at 718 State Hwy S #38-140, Elloree, SC, 29047 uses $57,117 cash to close to unlock $4,220/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $1,377/mo, and a $843/mo payment keeps the spread at $352/mo. Purchase price stands at $172,300, and rental yield measures 9.59% with $1,377/mo rent. Return on cash invested shows 27.3% in year one, and 5% annual appreciation builds toward $47,603 over five years. Five-year ROI reaches 142.17% and total cumulative return in cash records $81,203. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,377/mo property income covering a $843/mo payment rather than investor’s personal income.
Single Family
Built in 1966
17.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29047, Elloree, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,025 (100%) |
| Owner Occupied HU | 1,275 (63.0%) |
| Renter Occupied HU | 285 (14.1%) |
| Vacant Housing Units | 465 (23.0%) |
| Median Home Value | $157,492 |
| Average Home Value | $182,737 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,511
Multi-Family
34
Businesses
84
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Listed by: Christopher Clay • ERA Wilder Realty
Mls Name: Consolidated MLS
Mls ID: #614408