2305 Cypress PointeManningSC29102
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 Manning at 2305 Cypress Pointe, Manning, SC, 29102 offers $1,547/mo rent that, after a $744/mo payment, leaves $477/mo cash flow. Total monthly income is $1,547/mo, and annual cash flow is $5,725/yr on $50,388 cash. Return on cash invested measures 31.27% in year one, and rental yield stands at 12.21% at a $152,000 entry. Equity gained on principal adds $981/yr while 5% annual appreciation compounds into $41,995 by year five. Five-year ROI records 164.96% and total cumulative return in cash reaches $83,122. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,547/mo property income versus a $744/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29102, Manning, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,369 (100%) |
| Owner Occupied HU | 5,106 (61.0%) |
| Renter Occupied HU | 1,668 (19.9%) |
| Vacant Housing Units | 1,595 (19.1%) |
| Median Home Value | $172,391 |
| Average Home Value | $201,325 |
Housing Distribution
Address Breakdown
Residential
7,883
Single Family
7,596
Multi-Family
287
Businesses
724
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls Provider:
Mls ID: #24020877
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