1311 Cypress Pointe #311ManningSC29102
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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 Manning at 1311 Cypress Pointe #311, Manning, SC, 29102 offers a 9.48% rental yield on a $129,000 purchase with $1,019/mo rent. Total monthly income registers $1,019/mo, and a $631/mo payment leaves $251/mo available for distribution. Annual cash flow reaches $3,018/yr on $42,764 to close, and return on cash invested stands at 26.97% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 140.45% and total cumulative return in cash at $60,061. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,019/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29102, Manning, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,369 (100%) |
| Owner Occupied HU | 5,106 (61.0%) |
| Renter Occupied HU | 1,668 (19.9%) |
| Vacant Housing Units | 1,595 (19.1%) |
| Median Home Value | $172,391 |
| Average Home Value | $201,325 |
Housing Distribution
Address Breakdown
Residential
7,883
Single Family
7,596
Multi-Family
287
Businesses
724
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Listed by: Shayla S Martin • Exp Realty Greyfeather Group
Mls Name: Pee Dee Realtor Association
Mls ID: #20253365