107 Evergreen LnMc CormickSC29835
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mc Cormick at 107 Evergreen Ln, Mc Cormick, SC, 29835 offers $2,214/mo rent that, after a $2,055/mo payment. Total monthly income is $2,214/mo. Return on cash invested measures 16.04% in year one, and rental yield stands at 6.33% at a $419,900 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,011 by year five. Five-year ROI records 82.32% and total cumulative return in cash reaches $114,588. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,214/mo property income versus a $2,055/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.31 Acres lot
$N/A/sqft
$1,959 annually 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: Sharon C Laidig • Savannah Lakes Realty
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #535441
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