165 Groomsville RdMoncks 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
Investment property for sale in Moncks Corner at 165 Groomsville Rd, Moncks Corner, SC, 29461 uses $86,190 cash to close to unlock $9,886/yr annual cash flow and $824/mo monthly cash flow. Total monthly income runs $2,372/mo, and a $1,273/mo payment keeps the spread at $824/mo. Purchase price stands at $260,000, and rental yield measures 10.95% with $2,372/mo rent. Return on cash invested shows 31.38% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 164.04% and total cumulative return in cash records $141,389. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,372/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Multi Family
Built in 2002
1.25 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 • RE/MAX Cornerstone Realty
Mls Name: CTMLS
Mls Provider:
Mls ID: #25016165
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. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.