Davenport II Plan, Ellerbe EstatesDalzellSC29040
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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 Dalzell at Davenport II Plan, Ellerbe Estates, Dalzell, SC, 29040 priced at $296,900 converts $2,747/mo rent into $980/mo cash flow after a $1,453/mo obligation. Total monthly income equals $2,747/mo, and annual cash flow totals $11,757/yr on $98,422 invested. Return on cash invested prints 31.85% in year one, and rental yield reads 11.1% against a $296,900 entry. Equity gained on principal adds $1,916/yr, while 5% annual appreciation compiles into $82,028 by year five. Five-year ROI reaches 166.59% and total cumulative return in cash sums $163,967. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,747/mo property income covering a $1,453/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29040, Dalzell, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,763 (100%) |
| Owner Occupied HU | 2,800 (74.4%) |
| Renter Occupied HU | 685 (18.2%) |
| Vacant Housing Units | 278 ( 7.4%) |
| Median Home Value | $196,044 |
| Average Home Value | $215,227 |
Housing Distribution
Address Breakdown
Residential
3,790
Single Family
3,790
Multi-Family
0
Businesses
108
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Listed by: Megan Strickland • Great Southern Homes
Mls Name: Great Southern Homes
Mls Provider:
Mls ID: #N/A