1983 Cannon Bridge RdCordovaSC29039
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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 Cordova at 1983 Cannon Bridge Rd, Cordova, SC, 29039 with 5% annual appreciation on a $152,500 basis while $1,050/mo rent supports operations. Total monthly income totals $1,050/mo and a $746/mo payment preserves $143/mo for cash returns. Annual cash flow comes to $1,711/yr on $50,554 deployed, and return on cash invested reaches 23.29% in year one. Equity gained on principal adds $984/yr, and five-year appreciation sums $42,133 alongside rental yield of 8.26%. Five-year ROI measures 120.72% and total cumulative return in cash totals $61,031.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,050/mo property income versus a $746/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.35 Acres lot
$N/A/sqft
No HOA
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Listed by: N/A • The Moore Group - A Division of the Litchfield Company
Mls Name: CTMLS
Mls ID: #25022734