811 Spruce St.GeorgetownSC29440
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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 Georgetown at 811 Spruce St, Georgetown, SC, 29440 listed at $390,000 pairs $2,477/mo rent with a $1,909/mo payment to leave $155/mo cash flow. Total monthly income runs $2,477/mo, and annual cash flow reaches $1,863/yr on $129,285 cash to close. Return on cash invested measures 21.35% in year one, and rental yield registers 7.62% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 110.27% and total cumulative return in cash totals $142,568. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,477/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29440, Georgetown, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,040 (100%) |
| Owner Occupied HU | 9,010 (64.2%) |
| Renter Occupied HU | 2,616 (18.6%) |
| Vacant Housing Units | 2,414 (17.2%) |
| Median Home Value | $215,863 |
| Average Home Value | $349,134 |
Housing Distribution
Address Breakdown
Residential
13,152
Single Family
12,984
Multi-Family
168
Businesses
906
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Listed by: Harrison H Biddle • Greyfeather Group EXP Realty
Mls Name: CCAR
Mls ID: #2523010