118 Bereau DrMc 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
Investment property for sale in Mc Cormick at 118 Bereau Dr, Mc Cormick, SC, 29835 listed at $770,000 pairs $2,221/mo rent with a $3,769/mo payment. Total monthly income runs $2,221/mo. Return on cash invested measures 8.06% in year one, and rental yield registers 3.46% at a $770,000 basis. Equity gained on principal adds $4,969/yr, and annual property appreciation at 5% supports $212,737 by year five. Five-year ROI tracks 39.25% and total cumulative return in cash totals $99,429. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,221/mo property income relative to a $3,769/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
0.90 Acres lot
$N/A/sqft
$171 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon C Laidig • Savannah Lakes Realty
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #539384
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.