224 Pinecrest DrMoncks CornerSC29461
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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 Moncks Corner at 224 Pinecrest Dr, Moncks Corner, SC, 29461 generates $2,222/mo in rent and, after a $1,022/mo payment, leaves $979/mo in cash flow. Total monthly income is $2,222/mo, and annual cash flow is $11,747/yr on $69,250 invested. Return on cash invested sits at 36.87% in year one, and rental yield is 12.76% on a $208,900 entry. Equity gained on principal adds $1,348/yr, while 5% annual appreciation builds toward $57,715 over five years. Five-year ROI reaches 193.5% and total cumulative return in cash sums $133,998. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,222/mo property income rather than buyer’s personal income.
Manufactured
Built in 1983
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29461, Moncks Corner, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,764 (100%) |
| Owner Occupied HU | 14,040 (74.8%) |
| Renter Occupied HU | 3,263 (17.4%) |
| Vacant Housing Units | 1,461 ( 7.8%) |
| Median Home Value | $339,474 |
| Average Home Value | $361,350 |
Housing Distribution
Address Breakdown
Residential
17,420
Single Family
17,259
Multi-Family
161
Businesses
1,184
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