514 Brown StMc CormickSC29835
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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 Mc Cormick at 514 Brown St, Mc Cormick, SC, 29835 priced at $154,900 converts $0/mo rent into after a $758/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.64% in year one, and rental yield reads 0% against a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,796 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $758/mo payment, not borrower’s personal income.
Single Family
Built in 1962
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29835, Mc Cormick, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,294 (100%) |
| Owner Occupied HU | 2,905 (67.7%) |
| Renter Occupied HU | 567 (13.2%) |
| Vacant Housing Units | 822 (19.1%) |
| Median Home Value | $202,823 |
| Average Home Value | $293,852 |
Housing Distribution
Address Breakdown
Residential
3,325
Single Family
3,322
Multi-Family
3
Businesses
224
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Amanda T. Israel • Amanda Real Estate Group, LLC
Mls Name: Aiken MLS
Mls ID: #220037