5301 Cypress Pointe #D301ManningSC29102
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
Investment property for sale in Manning at 5301 Cypress Pointe #D301, Manning, SC, 29102 uses $59,637 cash to close to unlock $6,823/yr annual cash flow and $569/mo monthly cash flow. Total monthly income runs $1,640/mo, and a $881/mo payment keeps the spread at $569/mo. Purchase price stands at $179,900, and rental yield measures 10.94% with $1,640/mo rent. Return on cash invested shows 31.35% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 163.91% and total cumulative return in cash records $97,749. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,640/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Henry C Edwards • Aiken & Company
Mls Name: Pee Dee Realtor Association
Mls ID: #20253719