Magnolia E Plan, Forts RidgePelionSC29123
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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 Pelion at Magnolia E Plan, Forts Ridge, Pelion, SC, 29123 offers a 9.9% rental yield on a $259,790 purchase with $2,144/mo rent. Total monthly income registers $2,144/mo, and a $1,272/mo payment leaves $597/mo available for distribution. Annual cash flow reaches $7,165/yr on $86,120 to close, and return on cash invested stands at 28.23% in year one. Equity gained on principal adds $1,676/yr while 5% annual appreciation supports $71,775 over five years. Portfolio math shows five-year ROI at 147.2% and total cumulative return in cash at $126,768. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,144/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29123, Pelion, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,119 (100%) |
| Owner Occupied HU | 2,339 (75.0%) |
| Renter Occupied HU | 477 (15.3%) |
| Vacant Housing Units | 303 ( 9.7%) |
| Median Home Value | $211,914 |
| Average Home Value | $263,011 |
Housing Distribution
Address Breakdown
Residential
2,977
Single Family
2,977
Multi-Family
0
Businesses
109
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Listed by: N/A • McGuinn Homes
Mls Name: McGuinn Homes
Mls Provider:
Mls ID: #N/A