247 Sunland RdCopeSC29038
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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 Cope at 247 Sunland Rd, Cope, SC, 29038 with 5% annual appreciation on a $260,000 basis while $1,907/mo rent supports operations. Total monthly income totals $1,907/mo and a $1,273/mo payment preserves $359/mo for cash returns. Annual cash flow comes to $4,306/yr on $86,190 deployed, and return on cash invested reaches 24.9% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,833 alongside rental yield of 8.8%. Five-year ROI measures 129.32% and total cumulative return in cash totals $111,461.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,907/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
6.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29038, Cope, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,111 (100%) |
| Owner Occupied HU | 817 (73.5%) |
| Renter Occupied HU | 142 (12.8%) |
| Vacant Housing Units | 152 (13.7%) |
| Median Home Value | $137,500 |
| Average Home Value | $191,138 |
Housing Distribution
Address Breakdown
Residential
1,050
Single Family
1,050
Multi-Family
0
Businesses
15
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Listed by: N/A • The Moore Group - A Division of the Litchfield Company
Mls Name: CTMLS
Mls Provider:
Mls ID: #25016820
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