554 Mariners WayGarnettSC29922
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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 Garnett at 554 Mariners Way, Garnett, SC, 29922 generates $2,854/mo in rent and, after a $1,835/mo payment, leaves $622/mo in cash flow. Total monthly income is $2,854/mo, and annual cash flow is $7,467/yr on $124,279 invested. Return on cash invested sits at 25.92% in year one, and rental yield is 9.14% on a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 134.77% and total cumulative return in cash sums $167,491. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,854/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
3.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29922, Garnett, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 513 (100%) |
| Owner Occupied HU | 303 (59.1%) |
| Renter Occupied HU | 72 (14.0%) |
| Vacant Housing Units | 138 (26.9%) |
| Median Home Value | $61,719 |
| Average Home Value | $111,485 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
351
Multi-Family
0
Businesses
15
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Listed by: Amber French • Great SC Realty, LLC
Mls Name: Lowcountry Regional MLS
Mls ID: #193589