Tea Olive Plan, Savannah Lakes VillageMc CormickSC29835
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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 Mc Cormick at Tea Olive Plan, Savannah Lakes Village, Mc Cormick, SC, 29835 priced at $387,000 converts $2,582/mo rent into $115/mo cash flow after a $1,894/mo obligation. Total monthly income equals $2,582/mo, and annual cash flow totals $1,385/yr on $128,291 invested. Return on cash invested prints 20.99% in year one, and rental yield reads 8.01% against a $387,000 entry. Equity gained on principal adds $2,497/yr, while 5% annual appreciation compiles into $106,921 by year five. Five-year ROI reaches 108.89% and total cumulative return in cash sums $139,694. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,582/mo property income covering a $1,894/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$163 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29835, Mc Cormick, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,294 (100%) |
| Owner Occupied HU | 2,905 (67.7%) |
| Renter Occupied HU | 567 (13.2%) |
| Vacant Housing Units | 822 (19.1%) |
| Median Home Value | $202,823 |
| Average Home Value | $293,852 |
Housing Distribution
Address Breakdown
Residential
3,325
Single Family
3,322
Multi-Family
3
Businesses
224
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Listed by: N/A • Capital Home Builders LLC
Mls Name: Capital Home Builders
Mls Provider:
Mls ID: #N/A