203 Skyview LnMc CormickSC29835
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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 Mc Cormick at 203 Skyview Ln, Mc Cormick, SC, 29835 uses $82,842 cash to close to unlock $3,054/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $1,742/mo, and a $1,223/mo payment keeps the spread at $255/mo. Purchase price stands at $249,900, and rental yield measures 8.36% with $1,742/mo rent. Return on cash invested shows 23.6% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 122.32% and total cumulative return in cash records $101,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,742/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 2000
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29835, Mc Cormick, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,294 (100%) |
| Owner Occupied HU | 2,905 (67.7%) |
| Renter Occupied HU | 567 (13.2%) |
| Vacant Housing Units | 822 (19.1%) |
| Median Home Value | $202,823 |
| Average Home Value | $293,852 |
Housing Distribution
Address Breakdown
Residential
3,325
Single Family
3,322
Multi-Family
3
Businesses
224
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