6813 Nicholson DrMullinsSC29574
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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 Mullins at 6813 Nicholson Dr, Mullins, SC, 29574 offers a 10.92% rental yield on a $130,000 purchase with $1,183/mo rent. Total monthly income registers $1,183/mo, and a $636/mo payment leaves $409/mo available for distribution. Annual cash flow reaches $4,913/yr on $43,095 to close, and return on cash invested stands at 31.31% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 163.74% and total cumulative return in cash at $70,563. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,183/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29574, Mullins, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,064 (100%) |
| Owner Occupied HU | 3,001 (59.3%) |
| Renter Occupied HU | 1,258 (24.8%) |
| Vacant Housing Units | 805 (15.9%) |
| Median Home Value | $97,483 |
| Average Home Value | $139,026 |
Housing Distribution
Address Breakdown
Residential
4,732
Single Family
4,709
Multi-Family
23
Businesses
428
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Listed by: Hayden F Harrington • The Harrington Company, Llc
Mls Name: Pee Dee Realtor Association
Mls ID: #2600071