121 Berry RdMoncks CornerSC29461
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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 Moncks Corner at 121 Berry Rd, Moncks Corner, SC, 29461 at $289,000 posts ROI 22.17% with $180/mo cash flow from $1,901/mo rent. Total monthly income equals $1,901/mo, and annual cash flow records $2,162/yr on $95,804 to close. Return on cash invested measures 22.17% and rental yield reads 7.89% at the current $289,000. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 by year five. Five-year ROI prints 114.67% and total cumulative return in cash totals $109,862.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,901/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1969
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29461, Moncks Corner, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,764 (100%) |
| Owner Occupied HU | 14,040 (74.8%) |
| Renter Occupied HU | 3,263 (17.4%) |
| Vacant Housing Units | 1,461 ( 7.8%) |
| Median Home Value | $339,474 |
| Average Home Value | $361,350 |
Housing Distribution
Address Breakdown
Residential
17,420
Single Family
17,259
Multi-Family
161
Businesses
1,184
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Listed by: N/A • Charleston Premier Realty
Mls Name: CTMLS
Mls ID: #25026054