740 W Cove DrMountain RestSC29664
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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
Rental property for sale in Mountain Rest at 740 W Cove Dr, Mountain Rest, SC, 29664 priced at $294,000 converts $1,390/mo rent into after a $1,439/mo obligation. Total monthly income equals $1,390/mo. Return on cash invested prints 15.47% in year one, and rental yield reads 5.67% against a $294,000 entry. Equity gained on principal adds $1,897/yr, while 5% annual appreciation compiles into $81,227 by year five. Five-year ROI reaches 78.75% and total cumulative return in cash sums $76,752. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,390/mo property income covering a $1,439/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.51 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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