Freedom Boulevard & Watermark Rd #S2T5HVFlorenceSC29506
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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 Florence at Freedom Boulevard & Watermark Rd #S2T5HV, Florence, SC, 29506 priced at $235,900 converts $2,599/mo rent into $1,194/mo cash flow after a $1,155/mo obligation. Total monthly income equals $2,599/mo, and annual cash flow totals $14,332/yr on $78,201 invested. Return on cash invested prints 38.24% in year one, and rental yield reads 13.22% against a $235,900 entry. Equity gained on principal adds $1,522/yr, while 5% annual appreciation compiles into $65,175 by year five. Five-year ROI reaches 200.85% and total cumulative return in cash sums $157,067. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,599/mo property income covering a $1,155/mo payment, not borrower’s personal income.
Single Family
Built in 2023
N/A 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
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