Palmetto Plan, Tea FarmRavenelSC29470
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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 Ravenel at Palmetto Plan, Tea Farm, Ravenel, SC, 29470 earns $255/mo cash flow from $2,011/mo rent with a $1,444/mo payment. Total monthly income totals $2,011/mo, and annual cash flow totals $3,058/yr on $97,789 capital. ROI tracks 23.04% on current figures, and rental yield reads 8.18% at a $294,990 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,500 over five years. Five-year ROI reaches 119.3% and total cumulative return in cash sums $116,663. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,011/mo property income instead of your personal income.
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 • Ashton Woods
Mls Name: Ashton Woods Homes
Mls Provider:
Mls ID: #N/A