210 Gilchrist HtsMc CormickSC29835
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mc Cormick at 210 Gilchrist Hts, Mc Cormick, SC, 29835 priced at $125,000 converts $998/mo rent into $254/mo cash flow after a $612/mo obligation. Total monthly income equals $998/mo, and annual cash flow totals $3,045/yr on $41,438 invested. Return on cash invested prints 27.26% in year one, and rental yield reads 9.58% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 141.97% and total cumulative return in cash sums $58,829. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $998/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1989
0.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Regina Sanders • Berkshire Hathaway HomeServices Beazley, Realtors Aiken
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #213160
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.