121 Cypress DriveMc CormickSC29835
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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 Mc Cormick at 121 Cypress Drive, Mc Cormick, SC, 29835 earns $254/mo cash flow from $2,486/mo rent with a $1,835/mo payment. Total monthly income totals $2,486/mo, and annual cash flow totals $3,050/yr on $124,313 capital. ROI tracks 22.36% on current figures, and rental yield reads 7.96% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 115.71% and total cumulative return in cash sums $143,847. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,486/mo property income instead of your personal income.
Single Family
Built in 2019
0.28 Acres lot
$N/A/sqft
No 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
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Listed by: Kay Webb • Better Homes & Gardens Executive Partners
Mls Name: Hive MLS
Mls ID: #550824