33 McKinney StBeech IslandSC29842
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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
Rental property for sale in Beech Island at 33 McKinney St, Beech Island, SC, 29842 priced at $130,000 converts $1,270/mo rent into $496/mo cash flow after a $636/mo obligation. Total monthly income equals $1,270/mo, and annual cash flow totals $5,957/yr on $43,095 invested. Return on cash invested prints 33.73% in year one, and rental yield reads 11.72% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 176.69% and total cumulative return in cash sums $76,143. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,270/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29842, Beech Island, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,891 (100%) |
| Owner Occupied HU | 2,781 (71.5%) |
| Renter Occupied HU | 777 (20.0%) |
| Vacant Housing Units | 333 ( 8.6%) |
| Median Home Value | $147,949 |
| Average Home Value | $213,999 |
Housing Distribution
Address Breakdown
Residential
3,580
Single Family
3,540
Multi-Family
40
Businesses
172
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Listed by: Morgan Lawson • Sherman & Hemstreet Real Estate
Mls Name: REALTORS of Greater Augusta
Mls ID: #545974