948 S Main StMoncks CornerSC29479
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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 Moncks Corner at 948 S Main St, Moncks Corner, SC, 29479 earns $281/mo cash flow from $1,710/mo rent with a $1,175/mo payment. Total monthly income totals $1,710/mo, and annual cash flow totals $3,372/yr on $79,560 capital. ROI tracks 24.15% on current figures, and rental yield reads 8.55% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 125.25% and total cumulative return in cash sums $99,650. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,710/mo property income instead of your personal income.
Manufactured
Built in 1999
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29479, Saint Stephen, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,228 (100%) |
| Owner Occupied HU | 2,330 (72.2%) |
| Renter Occupied HU | 543 (16.8%) |
| Vacant Housing Units | 355 (11.0%) |
| Median Home Value | $119,156 |
| Average Home Value | $194,034 |
Housing Distribution
Address Breakdown
Residential
2,515
Single Family
2,471
Multi-Family
44
Businesses
177
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Listed by: N/A • Realty ONE Group Coastal
Mls Name: CTMLS
Mls ID: #25032059