150 Main StVarnvilleSC29944
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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
Rental property for sale in Varnville at 150 Main St, Varnville, SC, 29944 priced at $197,000 pairs $1,486/mo rent with $177/mo cash flow after a $964/mo payment. Total monthly income equals $1,486/mo, and annual cash flow comes to $2,127/yr on $65,306 invested. Return on cash invested is 23.17% in year one, and rental yield stands at 9.05% on a $197,000 basis. Equity gained on principal adds $1,271/yr, and 5% annual appreciation accumulates to $54,427 by year five. Five-year ROI measures 120.97% and total cumulative return in cash reaches $78,998. For financing, Ziffy Mortgage’s DSCR program evaluates $1,486/mo property income against a $964/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in N/A
0.91 Acres 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
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Listed by: Timothy Minchey • Hampton Properties Realty
Mls Name: My State MLS
Mls ID: #11452825