9300 Lake Swamp 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 9300 Lake Swamp Rd, Nichols, SC, 29581 uses $77,903 cash to close to unlock $6,664/yr annual cash flow and $555/mo monthly cash flow. Total monthly income runs $1,954/mo, and a $1,150/mo payment keeps the spread at $555/mo. Purchase price stands at $235,000, and rental yield measures 9.98% with $1,954/mo rent. Return on cash invested shows 28.46% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 148.42% and total cumulative return in cash records $115,624. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,954/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.50 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: Laura B Nobles • BH & G Elliott Coastal Living
Mls Name: CCAR
Mls ID: #2601702