9045 Savannah HwyNorwaySC29113
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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 Norway at 9045 Savannah Hwy, Norway, SC, 29113 uses $33,979 cash to close to unlock $11,694/yr annual cash flow and $975/mo monthly cash flow. Total monthly income runs $1,585/mo, and a $502/mo payment keeps the spread at $975/mo. Purchase price stands at $102,500, and rental yield measures 18.56% with $1,585/mo rent. Return on cash invested shows 54.33% in year one, and 5% annual appreciation builds toward $28,319 over five years. Five-year ROI reaches 287.15% and total cumulative return in cash records $97,569. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,585/mo property income covering a $502/mo payment rather than investor’s personal income.
Manufactured
Built in 2005
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29113, Norway, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 721 (100%) |
| Owner Occupied HU | 495 (68.7%) |
| Renter Occupied HU | 101 (14.0%) |
| Vacant Housing Units | 125 (17.3%) |
| Median Home Value | $95,323 |
| Average Home Value | $167,061 |
Housing Distribution
Address Breakdown
Residential
533
Single Family
533
Multi-Family
0
Businesses
29
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Listed by: Maggie Cooper • Exp Realty Llc
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20242187
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.