126 Elliot CircleMc 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 126 Elliot Circle, Mc Cormick, SC, 29835 uses $162,402 cash to close to unlock $2,130/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $3,094/mo, and a $2,398/mo payment keeps the spread at $178/mo. Purchase price stands at $489,900, and rental yield measures 7.58% with $3,094/mo rent. Return on cash invested shows 21.22% in year one, and 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 109.56% and total cumulative return in cash records $177,929. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,094/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.40 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: Greg Oldham • Meybohm Real Estate - Evans
Mls Name: Hive MLS
Mls ID: #547571