501 N Nichols St.NicholsSC29581
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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 Nichols at 501 N Nichols St, Nichols, SC, 29581 earns $450/mo cash flow from $1,546/mo rent with a $901/mo payment. Total monthly income totals $1,546/mo, and annual cash flow totals $5,403/yr on $60,996 capital. ROI tracks 28.77% on current figures, and rental yield reads 10.08% at a $184,000 purchase. Equity gained on principal adds $1,187/yr, and 5% annual appreciation supports $50,836 over five years. Five-year ROI reaches 150.09% and total cumulative return in cash sums $91,549. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,546/mo property income instead of your personal income.
Single Family
Built in 1950
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29581, Nichols, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,152 (100%) |
| Owner Occupied HU | 1,442 (67.0%) |
| Renter Occupied HU | 310 (14.4%) |
| Vacant Housing Units | 400 (18.6%) |
| Median Home Value | $153,974 |
| Average Home Value | $189,027 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,839
Multi-Family
0
Businesses
42
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Listed by: Shayna L Boyd • Realty ONE Group Dockside
Mls Name: CCAR
Mls ID: #2526737