6800 Black Creek Rd.NicholsSC29581
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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 Nichols at 6800 Black Creek Rd, Nichols, SC, 29581 offers a 8.53% rental yield on a $299,999 purchase with $2,132/mo rent. Total monthly income registers $2,132/mo, and a $1,468/mo payment leaves $347/mo available for distribution. Annual cash flow reaches $4,158/yr on $99,450 to close, and return on cash invested stands at 24.09% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 124.98% and total cumulative return in cash at $124,296. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,132/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29581, Nichols, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,152 (100%) |
| Owner Occupied HU | 1,442 (67.0%) |
| Renter Occupied HU | 310 (14.4%) |
| Vacant Housing Units | 400 (18.6%) |
| Median Home Value | $153,974 |
| Average Home Value | $189,027 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,839
Multi-Family
0
Businesses
42
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Listed by: Terri A Furlong • Iron Oak Properties
Mls Name: CCAR
Mls ID: #2527326