830 Preakness LnFlorenceSC29501
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 Florence at 830 Preakness Ln, Florence, SC, 29501 at $314,900 posts ROI 28.34% with $734/mo cash flow from $2,608/mo rent. Total monthly income equals $2,608/mo, and annual cash flow records $8,805/yr on $104,389 to close. Return on cash invested measures 28.34% and rental yield reads 9.94% at the current $314,900. Equity gained on principal adds $2,032/yr, and 5% annual appreciation supports $87,001 by year five. Five-year ROI prints 147.77% and total cumulative return in cash totals $154,258.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,608/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29501, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,851 (100%) |
| Owner Occupied HU | 13,035 (59.7%) |
| Renter Occupied HU | 6,838 (31.3%) |
| Vacant Housing Units | 1,978 ( 9.1%) |
| Median Home Value | $264,758 |
| Average Home Value | $289,616 |
Housing Distribution
Address Breakdown
Residential
21,452
Single Family
19,917
Multi-Family
1,535
Businesses
2,032
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John DeBerry • Griggs, Floyd, And Grantham In
Mls Name: Pee Dee Realtor Association
Mls ID: #20253223