880 Redwing DrTimmonsvilleSC29161
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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 Timmonsville at 880 Redwing Dr, Timmonsville, SC, 29161 offers $1,264/mo rent that, after a $783/mo payment, leaves $312/mo cash flow. Total monthly income is $1,264/mo, and annual cash flow is $3,740/yr on $53,040 cash. Return on cash invested measures 26.96% in year one, and rental yield stands at 9.48% at a $159,999 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,205 by year five. Five-year ROI records 140.34% and total cumulative return in cash reaches $74,437. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,264/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29161, Timmonsville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,834 (100%) |
| Owner Occupied HU | 3,209 (66.4%) |
| Renter Occupied HU | 1,058 (21.9%) |
| Vacant Housing Units | 567 (11.7%) |
| Median Home Value | $154,387 |
| Average Home Value | $195,792 |
Housing Distribution
Address Breakdown
Residential
4,658
Single Family
4,658
Multi-Family
0
Businesses
226
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Listed by: Monica Cooper • F & E Realty LLC
Mls Name: Consolidated MLS
Mls ID: #615361