160 Somerset DrYemasseeSC29945
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
Investment Highlights
Rental property for sale in Yemassee at 160 Somerset Dr, Yemassee, SC, 29945 priced at $189,000 converts $2,893/mo rent into $1,625/mo cash flow after a $925/mo obligation. Total monthly income equals $2,893/mo, and annual cash flow totals $19,496/yr on $62,654 invested. Return on cash invested prints 51.03% in year one, and rental yield reads 18.37% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 270.42% and total cumulative return in cash sums $169,426. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,893/mo property income covering a $925/mo payment, not borrower’s personal income.
Lot
Built in N/A
0.42 Acres lot
$N/A/sqft
$1,720 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29945, Yemassee, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,990 (100%) |
| Owner Occupied HU | 1,397 (70.2%) |
| Renter Occupied HU | 314 (15.8%) |
| Vacant Housing Units | 279 (14.0%) |
| Median Home Value | $146,462 |
| Average Home Value | $261,621 |
Housing Distribution
Address Breakdown
Residential
1,793
Single Family
1,788
Multi-Family
5
Businesses
105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steven C Comerford • The HomesFinder Realty Group
Mls Name: Lowcountry Regional MLS
Mls Provider:
Mls ID: #184613
Disclaimer: 2024 Lowcountry Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.