FORRESTER Plan, Founders CornerLincolnvilleSC29485
Nearby investment properties with comparable rents
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
Rental property for sale in Lincolnville at FORRESTER Plan, Founders Corner, Lincolnville, SC, 29485 generates $3,112/mo in rent and, after a $2,173/mo payment, leaves $469/mo in cash flow. Total monthly income is $3,112/mo, and annual cash flow is $5,631/yr on $147,153 invested. Return on cash invested sits at 23.74% in year one, and rental yield is 8.41% on a $443,900 entry. Equity gained on principal adds $2,864/yr, while 5% annual appreciation builds toward $122,641 over five years. Five-year ROI reaches 123.07% and total cumulative return in cash sums $181,103. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,112/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29485, Summerville, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,770 (100%) |
| Owner Occupied HU | 18,311 (71.1%) |
| Renter Occupied HU | 6,119 (23.7%) |
| Vacant Housing Units | 1,340 ( 5.2%) |
| Median Home Value | $347,407 |
| Average Home Value | $367,799 |
Housing Distribution
Address Breakdown
Residential
25,243
Single Family
22,192
Multi-Family
3,051
Businesses
1,103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charleston Sales Information • D.R. Horton - Charleston
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A