7244 Short 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 7244 Short Rd, Nichols, SC, 29581 earns $377/mo cash flow from $1,537/mo rent with a $954/mo payment. Total monthly income totals $1,537/mo, and annual cash flow totals $4,520/yr on $64,643 capital. ROI tracks 26.9% on current figures, and rental yield reads 9.46% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 140.04% and total cumulative return in cash sums $90,526. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,537/mo property income instead of your personal income.
Manufactured
Built in 1998
3.17 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: Will Causey • Swamp Fox Realty & Appraisals
Mls Name: CCAR
Mls ID: #2524695