Herald P Plan, HomecomingRavenelSC29470
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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
Rental property for sale in Ravenel at Herald P Plan, Homecoming, Ravenel, SC, 29470 offers $3,178/mo rent that, after a $1,968/mo payment, leaves $785/mo cash flow. Total monthly income is $3,178/mo, and annual cash flow is $9,415/yr on $133,263 cash. Return on cash invested measures 26.97% in year one, and rental yield stands at 9.49% at a $402,000 entry. Equity gained on principal adds $2,594/yr while 5% annual appreciation compounds into $111,065 by year five. Five-year ROI records 140.43% and total cumulative return in cash reaches $187,136. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,178/mo property income versus a $1,968/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29470, Ravenel, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,430 (100%) |
| Owner Occupied HU | 1,929 (79.4%) |
| Renter Occupied HU | 312 (12.8%) |
| Vacant Housing Units | 189 ( 7.8%) |
| Median Home Value | $460,638 |
| Average Home Value | $586,849 |
Housing Distribution
Address Breakdown
Residential
2,117
Single Family
2,117
Multi-Family
0
Businesses
209
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Listed by: N/A • True Homes
Mls Name: True Homes
Mls Provider:
Mls ID: #N/A