303 Citation WayMoncks CornerSC29461
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
Investment property for sale in Moncks Corner at 303 Citation Way, Moncks Corner, SC, 29461 uses $118,975 cash to close to unlock $1,177/yr annual cash flow and $98/mo monthly cash flow. Total monthly income runs $2,406/mo, and a $1,757/mo payment keeps the spread at $98/mo. Purchase price stands at $358,900, and rental yield measures 8.04% with $2,406/mo rent. Return on cash invested shows 20.9% in year one, and 5% annual appreciation builds toward $99,157 over five years. Five-year ROI reaches 108.5% and total cumulative return in cash records $129,084. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,406/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A