224 Amelia DriveMc 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 224 Amelia Drive, Mc Cormick, SC, 29835 with 5% annual appreciation on a $585,000 basis while $3,643/mo rent supports operations. Total monthly income totals $3,643/mo and a $2,863/mo payment preserves $161/mo for cash returns. Annual cash flow comes to $1,931/yr on $192,465 deployed, and return on cash invested reaches 21.06% in year one. Equity gained on principal adds $3,775/yr, and five-year appreciation sums $161,625 alongside rental yield of 7.47%. Five-year ROI measures 108.68% and total cumulative return in cash totals $209,166.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,643/mo property income versus a $2,863/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
0.70 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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Listed by: Sharon C Laidig • Savannah Lakes Realty
Mls Name: Hive MLS
Mls ID: #550330