4640 Mel Nunnery RdFort LawnSC29714
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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
Investment property for sale in Fort Lawn at 4640 Mel Nunnery Rd, Fort Lawn, SC, 29714 uses $107,572 cash to close to unlock $1,735/yr annual cash flow and $145/mo monthly cash flow. Total monthly income runs $2,076/mo, and a $1,588/mo payment keeps the spread at $145/mo. Purchase price stands at $324,500, and rental yield measures 7.68% with $2,076/mo rent. Return on cash invested shows 21.52% in year one, and 5% annual appreciation builds toward $89,653 over five years. Five-year ROI reaches 111.2% and total cumulative return in cash records $119,616. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,076/mo property income covering a $1,588/mo payment rather than investor’s personal income.
Single Family
Built in 1993
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29714, Fort Lawn, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,291 (100%) |
| Owner Occupied HU | 923 (71.5%) |
| Renter Occupied HU | 243 (18.8%) |
| Vacant Housing Units | 125 ( 9.7%) |
| Median Home Value | $192,386 |
| Average Home Value | $227,197 |
Housing Distribution
Address Breakdown
Residential
1,220
Single Family
1,220
Multi-Family
0
Businesses
60
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Listed by: Linda Hall • Century 21 First Choice
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4309349