130 Chanel DrVarnvilleSC29944
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 Varnville at 130 Chanel Dr, Varnville, SC, 29944 with 5% annual appreciation on a $160,000 basis while $1,409/mo rent supports operations. Total monthly income totals $1,409/mo and a $783/mo payment preserves $457/mo for cash returns. Annual cash flow comes to $5,480/yr on $53,040 deployed, and return on cash invested reaches 30.24% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 10.57%. Five-year ROI measures 157.94% and total cumulative return in cash totals $83,774.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,409/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
9,147 sqft 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
Nearby investment properties with comparable prices
Listed by: Leah Nellie Susen • Charles Street Realty, LLC
Mls Name: Lowcountry Regional MLS
Mls ID: #193933