820 S Midway Hwy.JohnsonvilleSC29555
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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 Johnsonville at 820 S Midway Hwy, Johnsonville, SC, 29555 offers a 8.58% rental yield on a $234,900 purchase with $1,680/mo rent. Total monthly income registers $1,680/mo, and a $1,150/mo payment leaves $281/mo available for distribution. Annual cash flow reaches $3,377/yr on $77,869 to close, and return on cash invested stands at 24.25% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 125.84% and total cumulative return in cash at $97,989. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,680/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29555, Johnsonville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,680 (100%) |
| Owner Occupied HU | 1,869 (69.7%) |
| Renter Occupied HU | 529 (19.7%) |
| Vacant Housing Units | 282 (10.5%) |
| Median Home Value | $187,760 |
| Average Home Value | $221,124 |
Housing Distribution
Address Breakdown
Residential
2,212
Single Family
2,204
Multi-Family
8
Businesses
180
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Listed by: Coastal Carolina Group • INNOVATE Real Estate
Mls Name: CCAR
Mls ID: #2524097