2332 Macallan BlvdRavenelSC29470
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 Ravenel at 2332 Macallan Blvd, Ravenel, SC, 29470 priced at $327,900 converts $2,160/mo rent into $208/mo cash flow after a $1,605/mo obligation. Total monthly income equals $2,160/mo, and annual cash flow totals $2,496/yr on $108,699 invested. Return on cash invested prints 22.21% in year one, and rental yield reads 7.9% against a $327,900 entry. Equity gained on principal adds $2,116/yr, while 5% annual appreciation compiles into $90,593 by year five. Five-year ROI reaches 114.85% and total cumulative return in cash sums $124,835. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,605/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29470, Ravenel, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,430 (100%) |
| Owner Occupied HU | 1,929 (79.4%) |
| Renter Occupied HU | 312 (12.8%) |
| Vacant Housing Units | 189 ( 7.8%) |
| Median Home Value | $460,638 |
| Average Home Value | $586,849 |
Housing Distribution
Address Breakdown
Residential
2,117
Single Family
2,117
Multi-Family
0
Businesses
209
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Listed by: N/A • D R Horton Inc
Mls Name: CTMLS
Mls Provider:
Mls ID: #24023525
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