1138 Mill Pond RdVarnvilleSC29944
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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 Varnville at 1138 Mill Pond Rd, Varnville, SC, 29944 generates $0/mo in rent, after a $1,101/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.64% in year one, and rental yield is 0% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29944, Varnville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,038 (100%) |
| Owner Occupied HU | 1,323 (64.9%) |
| Renter Occupied HU | 395 (19.4%) |
| Vacant Housing Units | 320 (15.7%) |
| Median Home Value | $122,813 |
| Average Home Value | $147,275 |
Housing Distribution
Address Breakdown
Residential
1,456
Single Family
1,456
Multi-Family
0
Businesses
128
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Christopher Skrip • RE/MAX Dream (443)
Mls Name: REsides, Inc.
Mls ID: #503037