187 Red Leaf BlvdMoncks 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
Rental property for sale in Moncks Corner at 187 Red Leaf Blvd, Moncks Corner, SC, 29461 priced at $479,983 pairs $2,952/mo rent with $95/mo cash flow after a $2,349/mo payment. Total monthly income equals $2,952/mo, and annual cash flow comes to $1,140/yr on $159,114 invested. Return on cash invested is 20.63% in year one, and rental yield stands at 7.38% on a $479,983 basis. Equity gained on principal adds $3,097/yr, and 5% annual appreciation accumulates to $132,610 by year five. Five-year ROI measures 106.39% and total cumulative return in cash reaches $169,283. For financing, Ziffy Mortgage’s DSCR program evaluates $2,952/mo property income against a $2,349/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
9,583 sqft 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 • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25028843