6 Caravel CirMc CormickSC29835
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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 Mc Cormick at 6 Caravel Cir, Mc Cormick, SC, 29835 offers a 5.28% rental yield on a $346,000 purchase with $1,523/mo rent. 57% in year one. Equity gained on principal adds $2,233/yr while 5% annual appreciation supports $95,593 over five years. Portfolio math shows five-year ROI at 63.81% and total cumulative return in cash at $73,194. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,523/mo property income against a $1,694/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1993
4,791 sqft lot
$N/A/sqft
$165 monthly 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
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Nearby investment properties with comparable prices
Listed by: Heather Story • RE/MAX True Advantage
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #214986
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.