744 Nichols CtLeesvilleSC29070
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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 Leesville at 744 Nichols Ct, Leesville, SC, 29070 priced at $1,575,000 converts $3,458/mo rent into after a $7,709/mo obligation. Total monthly income equals $3,458/mo. Return on cash invested prints 6.45% in year one, and rental yield reads 2.63% against a $1,575,000 entry. Equity gained on principal adds $10,163/yr, while 5% annual appreciation compiles into $435,143 by year five. Five-year ROI reaches 30.28% and total cumulative return in cash sums $154,502. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,458/mo property income covering a $7,709/mo payment, not borrower’s personal income.
Single Family
Built in 1999
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29070, Leesville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,151 (100%) |
| Owner Occupied HU | 5,849 (71.8%) |
| Renter Occupied HU | 1,035 (12.7%) |
| Vacant Housing Units | 1,267 (15.5%) |
| Median Home Value | $290,922 |
| Average Home Value | $349,829 |
Housing Distribution
Address Breakdown
Residential
7,402
Single Family
7,402
Multi-Family
0
Businesses
433
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Listed by: Brittany Whitmire • Coldwell Banker Realty
Mls Name: Consolidated MLS
Mls ID: #613973