739 Jacobs Mill Pond Rd UNIT 21ElginSC29045
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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 Elgin at 739 Jacobs Mill Pond Rd UNIT 21, Elgin, SC, 29045 offers a 12.35% rental yield on a $207,700 purchase with $2,137/mo rent. Total monthly income registers $2,137/mo, and a $1,017/mo payment leaves $900/mo available for distribution. Annual cash flow reaches $10,802/yr on $68,853 to close, and return on cash invested stands at 35.6% in year one. Equity gained on principal adds $1,340/yr while 5% annual appreciation supports $57,384 over five years. Portfolio math shows five-year ROI at 186.71% and total cumulative return in cash at $128,557. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,137/mo property income against a $1,017/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29045, Elgin, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,039 (100%) |
| Owner Occupied HU | 9,414 (78.2%) |
| Renter Occupied HU | 1,752 (14.6%) |
| Vacant Housing Units | 873 ( 7.3%) |
| Median Home Value | $279,894 |
| Average Home Value | $321,774 |
Housing Distribution
Address Breakdown
Residential
13,024
Single Family
12,229
Multi-Family
795
Businesses
415
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Nearby investment properties with comparable prices
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