2848 McCords Ferry RdEastoverSC29044
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 Eastover at 2848 McCords Ferry Rd, Eastover, SC, 29044 priced at $180,000 pairs $1,439/mo rent with $368/mo cash flow after a $881/mo payment. Total monthly income equals $1,439/mo, and annual cash flow comes to $4,410/yr on $59,670 invested. Return on cash invested is 27.3% in year one, and rental yield stands at 9.59% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 142.17% and total cumulative return in cash reaches $84,833. For financing, Ziffy Mortgage’s DSCR program evaluates $1,439/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1998
2.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29044, Eastover, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,668 (100%) |
| Owner Occupied HU | 1,868 (70.0%) |
| Renter Occupied HU | 448 (16.8%) |
| Vacant Housing Units | 352 (13.2%) |
| Median Home Value | $160,553 |
| Average Home Value | $215,648 |
Housing Distribution
Address Breakdown
Residential
2,285
Single Family
2,285
Multi-Family
0
Businesses
129
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Listed by: Victor D Hugee • LPT Realty LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #601698
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC