101 Charlotte Drive DriveMc CormickSC29835
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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 Mc Cormick at 101 Charlotte Drive Drive, Mc Cormick, SC, 29835 with 5% annual appreciation on a $288,000 basis while $1,651/mo rent supports operations. 11% in year one. Equity gained on principal adds $1,858/yr, and five-year appreciation sums $79,569 alongside rental yield of 6.88%. Five-year ROI measures 98.28% and total cumulative return in cash totals $93,828. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,651/mo property income versus a $1,410/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29835, Mc Cormick, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,294 (100%) |
| Owner Occupied HU | 2,905 (67.7%) |
| Renter Occupied HU | 567 (13.2%) |
| Vacant Housing Units | 822 (19.1%) |
| Median Home Value | $202,823 |
| Average Home Value | $293,852 |
Housing Distribution
Address Breakdown
Residential
3,325
Single Family
3,322
Multi-Family
3
Businesses
224
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Listed by: CALEB JAMES • Savannah Lakes Village Real Estate
Mls Name: Hive MLS
Mls ID: #549945