1016 Swamp Harrier AveRavenelSC29470
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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 Ravenel at 1016 Swamp Harrier Ave, Ravenel, SC, 29470 priced at $412,000 pairs $3,484/mo rent with $1,031/mo cash flow after a $2,017/mo payment. Total monthly income equals $3,484/mo, and annual cash flow comes to $12,372/yr on $136,578 invested. Return on cash invested is 28.97% in year one, and rental yield stands at 10.15% on a $412,000 basis. Equity gained on principal adds $2,659/yr, and 5% annual appreciation accumulates to $113,828 by year five. Five-year ROI measures 151.1% and total cumulative return in cash reaches $206,367. For financing, Ziffy Mortgage’s DSCR program evaluates $3,484/mo property income against a $2,017/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29470, Ravenel, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,430 (100%) |
| Owner Occupied HU | 1,929 (79.4%) |
| Renter Occupied HU | 312 (12.8%) |
| Vacant Housing Units | 189 ( 7.8%) |
| Median Home Value | $460,638 |
| Average Home Value | $586,849 |
Housing Distribution
Address Breakdown
Residential
2,117
Single Family
2,117
Multi-Family
0
Businesses
209
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Listed by: N/A • Opendoor Brokerage, LLC
Mls Name: CTMLS
Mls ID: #25032202