206 Mookees LnCrossSC29436
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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 Cross at 206 Mookees Ln, Cross, SC, 29436 priced at $204,260 converts $1,396/mo rent into $180/mo cash flow after a $1,000/mo obligation. Total monthly income equals $1,396/mo, and annual cash flow totals $2,158/yr on $67,712 invested. Return on cash invested prints 23.1% in year one, and rental yield reads 8.2% against a $204,260 entry. Equity gained on principal adds $1,318/yr, while 5% annual appreciation compiles into $56,433 by year five. Five-year ROI reaches 119.63% and total cumulative return in cash sums $81,001. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,396/mo property income covering a $1,000/mo payment, not borrower’s personal income.
Manufactured
Built in 1995
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29436, Cross, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,397 (100%) |
| Owner Occupied HU | 1,620 (67.6%) |
| Renter Occupied HU | 304 (12.7%) |
| Vacant Housing Units | 473 (19.7%) |
| Median Home Value | $157,917 |
| Average Home Value | $225,832 |
Housing Distribution
Address Breakdown
Residential
1,951
Single Family
1,951
Multi-Family
0
Businesses
67
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Listed by: N/A • Jeff Cook Real Estate LPT Realty
Mls Name: CTMLS
Mls Provider:
Mls ID: #25010985
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