111 Richard StManningSC29102
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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 Manning at 111 Richard St, Manning, SC, 29102 priced at $130,000 pairs $1,009/mo rent with $235/mo cash flow after a $636/mo payment. Total monthly income equals $1,009/mo, and annual cash flow comes to $2,825/yr on $43,095 invested. Return on cash invested is 26.46% in year one, and rental yield stands at 9.31% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 137.76% and total cumulative return in cash reaches $59,367. For financing, Ziffy Mortgage’s DSCR program evaluates $1,009/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29102, Manning, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,369 (100%) |
| Owner Occupied HU | 5,106 (61.0%) |
| Renter Occupied HU | 1,668 (19.9%) |
| Vacant Housing Units | 1,595 (19.1%) |
| Median Home Value | $172,391 |
| Average Home Value | $201,325 |
Housing Distribution
Address Breakdown
Residential
7,883
Single Family
7,596
Multi-Family
287
Businesses
724
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Nearby investment properties with comparable prices
Listed by: Pholona Pease • Right Choice Real Estate Services LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #613523
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC