142 McElwain RdSwanseaSC29160
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 142 McElwain Rd, Swansea, SC, 29160 in Swansea hard to pass up. The 14.57% gross yield on a $219,900 purchase results in $2,670/mo in rent and $1,361/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.70). Annual cash flow of $16,332, five-year appreciation of $60,754, and $2,025/yr in equity build-up combine for a projected total cumulative return of $170,753.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 14.6% | 6.2% |
| Monthly Cash Flow | $1,361 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,670 |
| Total Monthly Debt Service | $1,222 |
| DSCR Ratio | 2.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2014
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29160, Swansea, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,889 (100%) |
| Owner Occupied HU | 2,879 (74.0%) |
| Renter Occupied HU | 520 (13.4%) |
| Vacant Housing Units | 490 (12.6%) |
| Median Home Value | $186,855 |
| Average Home Value | $256,533 |
Housing Distribution
Address Breakdown
Residential
3,566
Single Family
3,566
Multi-Family
0
Businesses
162
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
Manufactured
Built in 2014
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29160, Swansea, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,889 (100%) |
| Owner Occupied HU | 2,879 (74.0%) |
| Renter Occupied HU | 520 (13.4%) |
| Vacant Housing Units | 490 (12.6%) |
| Median Home Value | $186,855 |
| Average Home Value | $256,533 |
Housing Distribution
Address Breakdown
Residential
3,566
Single Family
3,566
Multi-Family
0
Businesses
162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices