DOWNING Plan, Carolina GrovesMoncks CornerSC29461
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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 DOWNING Plan, Carolina Groves, Moncks Corner, SC, 29461 offers a 7.83% rental yield on a $343,490 purchase with $2,240/mo rent. Total monthly income registers $2,240/mo, and a $1,681/mo payment leaves $195/mo available for distribution. Annual cash flow reaches $2,346/yr on $113,867 to close, and return on cash invested stands at 21.97% in year one. Equity gained on principal adds $2,216/yr while 5% annual appreciation supports $94,900 over five years. Portfolio math shows five-year ROI at 113.59% and total cumulative return in cash at $129,346. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,240/mo property income against a $1,681/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29461, Moncks Corner, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,764 (100%) |
| Owner Occupied HU | 14,040 (74.8%) |
| Renter Occupied HU | 3,263 (17.4%) |
| Vacant Housing Units | 1,461 ( 7.8%) |
| Median Home Value | $339,474 |
| Average Home Value | $361,350 |
Housing Distribution
Address Breakdown
Residential
17,420
Single Family
17,259
Multi-Family
161
Businesses
1,184
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A