905 Malloy StFlorenceSC29506
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
Rental property for sale in Florence at 905 Malloy St, Florence, SC, 29506 priced at $210,000 converts $2,016/mo rent into $766/mo cash flow after a $1,028/mo obligation. Total monthly income equals $2,016/mo, and annual cash flow totals $9,189/yr on $69,615 invested. Return on cash invested prints 33.11% in year one, and rental yield reads 11.52% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 173.33% and total cumulative return in cash sums $120,664. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,016/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 2023
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29506, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,849 (100%) |
| Owner Occupied HU | 4,618 (52.2%) |
| Renter Occupied HU | 3,004 (33.9%) |
| Vacant Housing Units | 1,227 (13.9%) |
| Median Home Value | $141,365 |
| Average Home Value | $217,423 |
Housing Distribution
Address Breakdown
Residential
8,295
Single Family
7,589
Multi-Family
706
Businesses
597
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • JPAR Magnolia Group
Mls Name: CTMLS
Mls Provider:
Mls ID: #23025723
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. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.