181 Spann CirSeabrookSC29940
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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 Seabrook at 181 Spann Cir, Seabrook, SC, 29940 with 5% annual appreciation on a $310,000 basis while $2,180/mo rent supports operations. Total monthly income totals $2,180/mo and a $1,517/mo payment preserves $335/mo for cash returns. Annual cash flow comes to $4,019/yr on $102,765 deployed, and return on cash invested reaches 23.82% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,647 alongside rental yield of 8.44%. Five-year ROI measures 123.49% and total cumulative return in cash totals $126,907.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,180/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in N/A
18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29940, Seabrook, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,784 (100%) |
| Owner Occupied HU | 1,329 (74.5%) |
| Renter Occupied HU | 223 (12.5%) |
| Vacant Housing Units | 232 (13.0%) |
| Median Home Value | $142,988 |
| Average Home Value | $445,457 |
Housing Distribution
Address Breakdown
Residential
1,499
Single Family
1,479
Multi-Family
20
Businesses
37
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Listed by: Eva Mechelle Lewis • Provident Real Estate
Mls Name: Lowcountry Regional MLS
Mls Provider:
Mls ID: #184501
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.