908 E Candy LnFlorenceSC29505
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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 Florence at 908 E Candy Ln, Florence, SC, 29505 earns $653/mo cash flow from $1,933/mo rent with a $1,052/mo payment. Total monthly income totals $1,933/mo, and annual cash flow totals $7,842/yr on $71,273 capital. ROI tracks 30.91% on current figures, and rental yield reads 10.79% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 161.57% and total cumulative return in cash sums $115,153. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,933/mo property income instead of your personal income.
Single Family
Built in 2023
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29505, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,108 (100%) |
| Owner Occupied HU | 7,572 (68.2%) |
| Renter Occupied HU | 2,799 (25.2%) |
| Vacant Housing Units | 737 ( 6.6%) |
| Median Home Value | $208,918 |
| Average Home Value | $232,601 |
Housing Distribution
Address Breakdown
Residential
10,829
Single Family
9,867
Multi-Family
962
Businesses
558
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Listed by: Travis L Merritts • Brand Name Real Estate
Mls Name: Pee Dee Realtor Association
Mls ID: #2600128