88 Noble DrAbbevilleSC29620
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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
Rental property for sale in Abbeville at 88 Noble Dr, Abbeville, SC, 29620 generates $2,323/mo in rent and, after a $1,260/mo payment, leaves $790/mo in cash flow. Total monthly income is $2,323/mo, and annual cash flow is $9,486/yr on $85,361 invested. Return on cash invested sits at 31.02% in year one, and rental yield is 10.83% on a $257,500 entry. Equity gained on principal adds $1,662/yr, while 5% annual appreciation builds toward $71,143 over five years. Five-year ROI reaches 162.14% and total cumulative return in cash sums $138,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,323/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29620, Abbeville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,155 (100%) |
| Owner Occupied HU | 4,127 (67.1%) |
| Renter Occupied HU | 1,138 (18.5%) |
| Vacant Housing Units | 890 (14.5%) |
| Median Home Value | $180,348 |
| Average Home Value | $215,574 |
Housing Distribution
Address Breakdown
Residential
5,530
Single Family
5,396
Multi-Family
134
Businesses
522
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Listed by: Benjamin 'kellar' Lawrence • Your Home Sold Guaranteed Realty
Mls Name: My State MLS
Mls ID: #11585901