550 Red Monarch WayMoncks CornerSC29461
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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 Moncks Corner at 550 Red Monarch Way, Moncks Corner, SC, 29461 listed at $352,220 pairs $2,575/mo rent with a $1,724/mo payment to leave $478/mo cash flow. Total monthly income runs $2,575/mo, and annual cash flow reaches $5,739/yr on $116,761 cash to close. Return on cash invested measures 24.82% in year one, and rental yield registers 8.77% at a $352,220 basis. Equity gained on principal adds $2,273/yr, and annual property appreciation at 5% supports $97,312 by year five. Five-year ROI tracks 128.91% and total cumulative return in cash totals $150,519. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,575/mo property income relative to a $1,724/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29461, Moncks Corner, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,764 (100%) |
| Owner Occupied HU | 14,040 (74.8%) |
| Renter Occupied HU | 3,263 (17.4%) |
| Vacant Housing Units | 1,461 ( 7.8%) |
| Median Home Value | $339,474 |
| Average Home Value | $361,350 |
Housing Distribution
Address Breakdown
Residential
17,420
Single Family
17,259
Multi-Family
161
Businesses
1,184
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Listed by: N/A • Lennar Sales Corp.
Mls Name: CTMLS
Mls ID: #25032944