1324 N Highway 17a LOT 15Moncks 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
Rental property for sale in Moncks Corner at 1324 N Highway 17a LOT 15, Moncks Corner, SC, 29461 generates $1,649/mo in rent, after a $6,794/mo payment. Total monthly income is $1,649/mo. Return on cash invested sits at 2.72% in year one, and rental yield is 1.43% on a $1,388,000 entry. Equity gained on principal adds $8,957/yr, while 5% annual appreciation builds toward $383,479 over five years. Five-year ROI reaches 10.26% and total cumulative return in cash sums $46,160. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,649/mo property income rather than buyer’s personal income.
Multi Family
Built in 1972
9.42 Acres 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 • ChuckTown Homes Powered by Keller Williams
Mls Name: CTMLS
Mls ID: #25015896