113 Macdermaid CtPelionSC29123
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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 113 Macdermaid Ct, Pelion, SC, 29123 offers a 9.29% rental yield on a $109,900 purchase with $851/mo rent. Total monthly income registers $851/mo, and a $538/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,360/yr on $36,432 to close, and return on cash invested stands at 26.39% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 137.36% and total cumulative return in cash at $50,044. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $851/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1995
1.84 Acres 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: Reggie S Enlow • Southern Visions Realty I LLC
Mls Name: Consolidated MLS
Mls ID: #618213