790 McLain StPatrickSC29584
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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 Patrick at 790 McLain St, Patrick, SC, 29584 with 5% annual appreciation on a $273,500 basis while $1,652/mo rent supports operations. Total monthly income totals $1,652/mo and a $1,339/mo payment preserves $24/mo for cash returns. Annual cash flow comes to $283/yr on $90,665 deployed, and return on cash invested reaches 20.22% in year one. Equity gained on principal adds $1,765/yr, and five-year appreciation sums $75,563 alongside rental yield of 7.25%. Five-year ROI measures 104.24% and total cumulative return in cash totals $94,508.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,652/mo property income versus a $1,339/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29584, Patrick, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,174 (100%) |
| Owner Occupied HU | 862 (73.4%) |
| Renter Occupied HU | 127 (10.8%) |
| Vacant Housing Units | 185 (15.8%) |
| Median Home Value | $92,222 |
| Average Home Value | $131,526 |
Housing Distribution
Address Breakdown
Residential
1,100
Single Family
1,100
Multi-Family
0
Businesses
46
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Listed by: Jill K Perry • Palmetto Realty Chesterfield Sc, Llc
Mls Name: Pee Dee Realtor Association
Mls ID: #20253474