40 W Rigby St #A/BManningSC29102
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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 Manning at 40 W Rigby St #A/B, Manning, SC, 29102 priced at $260,000 converts $2,364/mo rent into $816/mo cash flow after a $1,273/mo obligation. Total monthly income equals $2,364/mo, and annual cash flow totals $9,790/yr on $86,190 invested. Return on cash invested prints 31.27% in year one, and rental yield reads 10.91% against a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,833 by year five. Five-year ROI reaches 163.45% and total cumulative return in cash sums $140,873. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,364/mo property income covering a $1,273/mo payment, not borrower’s personal income.
Multi Family
Built in 1987
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29102, Manning, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,369 (100%) |
| Owner Occupied HU | 5,106 (61.0%) |
| Renter Occupied HU | 1,668 (19.9%) |
| Vacant Housing Units | 1,595 (19.1%) |
| Median Home Value | $172,391 |
| Average Home Value | $201,325 |
Housing Distribution
Address Breakdown
Residential
7,883
Single Family
7,596
Multi-Family
287
Businesses
724
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Listed by: N/A • AgentOwned Realty Preferred Group
Mls Name: CTMLS
Mls Provider:
Mls ID: #25021009
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