6717 Charleston HwyBowmanSC29018
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 Bowman at 6717 Charleston Hwy, Bowman, SC, 29018 offers a 7.31% rental yield on a $315,000 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $1,542/mo payment leaves $45/mo available for distribution. Annual cash flow reaches $536/yr on $104,423 to close, and return on cash invested stands at 20.42% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 105.29% and total cumulative return in cash at $109,949. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29018, Bowman, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,656 (100%) |
| Owner Occupied HU | 1,083 (65.4%) |
| Renter Occupied HU | 236 (14.3%) |
| Vacant Housing Units | 337 (20.4%) |
| Median Home Value | $165,063 |
| Average Home Value | $215,644 |
Housing Distribution
Address Breakdown
Residential
1,429
Single Family
1,429
Multi-Family
0
Businesses
87
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Listed by: N/A • Jeff Cook Real Estate LPT Realty
Mls Name: CTMLS
Mls ID: #25031650