407 N Main StMc CollSC29570
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 Mc Coll at 407 N Main St, Mc Coll, SC, 29570 offers $1,987/mo rent that, after a $857/mo payment, leaves $945/mo cash flow. Total monthly income is $1,987/mo, and annual cash flow is $11,338/yr on $58,013 cash. Return on cash invested measures 39.45% in year one, and rental yield stands at 13.63% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 207.36% and total cumulative return in cash reaches $120,295. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,987/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29570, Mc Coll, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,775 (100%) |
| Owner Occupied HU | 994 (56.0%) |
| Renter Occupied HU | 468 (26.4%) |
| Vacant Housing Units | 313 (17.6%) |
| Median Home Value | $60,000 |
| Average Home Value | $98,463 |
Housing Distribution
Address Breakdown
Residential
1,520
Single Family
1,472
Multi-Family
48
Businesses
108
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Listed by: Vincent E Price • Vincent Price Realty Llc
Mls Name: Pee Dee Realtor Association
Mls Provider:
Mls ID: #20254221
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.