149 Cypress DrMcCormickSC29835
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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 McCormick at 149 Cypress Dr, McCormick, SC, 29835 generates $3,013/mo in rent, after a $2,521/mo payment. Total monthly income is $3,013/mo. Return on cash invested sits at 18.49% in year one, and rental yield is 7.02% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 95.34% and total cumulative return in cash sums $161,533. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,013/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.31 Acres lot
$N/A/sqft
$168 monthly 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: Nadine Gilchrist • Savannah Lakes Village Real Estate
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #536562
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.