822 E Butler LnFlorenceSC29505
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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
Rental property for sale in Florence at 822 E Butler Ln, Florence, SC, 29505 offers $1,084/mo rent that, after a $685/mo payment, leaves $251/mo cash flow. Total monthly income is $1,084/mo, and annual cash flow is $3,010/yr on $46,410 cash. Return on cash invested measures 26.39% in year one, and rental yield stands at 9.29% at a $140,000 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,679 by year five. Five-year ROI records 137.32% and total cumulative return in cash reaches $63,730. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,084/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29505, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,108 (100%) |
| Owner Occupied HU | 7,572 (68.2%) |
| Renter Occupied HU | 2,799 (25.2%) |
| Vacant Housing Units | 737 ( 6.6%) |
| Median Home Value | $208,918 |
| Average Home Value | $232,601 |
Housing Distribution
Address Breakdown
Residential
10,829
Single Family
9,867
Multi-Family
962
Businesses
558
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Listed by: Brian Rodgers • Northgroup Real Estate Llc
Mls Name: Pee Dee Realtor Association
Mls ID: #2600008