78 N Palmetto AveVarnvilleSC29944
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 Varnville at 78 N Palmetto Ave, Varnville, SC, 29944 earns $458/mo cash flow from $1,441/mo rent with a $808/mo payment. Total monthly income totals $1,441/mo, and annual cash flow totals $5,501/yr on $54,698 capital. ROI tracks 29.97% on current figures, and rental yield reads 10.48% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 156.53% and total cumulative return in cash sums $85,619. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,441/mo property income instead of your personal income.
Single Family
Built in 1951
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29944, Varnville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,038 (100%) |
| Owner Occupied HU | 1,323 (64.9%) |
| Renter Occupied HU | 395 (19.4%) |
| Vacant Housing Units | 320 (15.7%) |
| Median Home Value | $122,813 |
| Average Home Value | $147,275 |
Housing Distribution
Address Breakdown
Residential
1,456
Single Family
1,456
Multi-Family
0
Businesses
128
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Listed by: Elizabeth B Deloach • Palmetto Real Estate
Mls Name: Lowcountry Regional MLS
Mls ID: #191606