103 Hicks CtNinety SixSC29666
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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 Ninety Six at 103 Hicks Ct, Ninety Six, SC, 29666 priced at $219,900 pairs $1,550/mo rent with $217/mo cash flow after a $1,076/mo payment. Total monthly income equals $1,550/mo, and annual cash flow comes to $2,609/yr on $72,897 invested. Return on cash invested is 23.49% in year one, and rental yield stands at 8.46% on a $219,900 basis. Equity gained on principal adds $1,419/yr, and 5% annual appreciation accumulates to $60,754 by year five. Five-year ROI measures 121.9% and total cumulative return in cash reaches $88,864. For financing, Ziffy Mortgage’s DSCR program evaluates $1,550/mo property income against a $1,076/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29666, Ninety Six, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,376 (100%) |
| Owner Occupied HU | 2,345 (69.5%) |
| Renter Occupied HU | 497 (14.7%) |
| Vacant Housing Units | 534 (15.8%) |
| Median Home Value | $248,715 |
| Average Home Value | $312,505 |
Housing Distribution
Address Breakdown
Residential
3,226
Single Family
3,226
Multi-Family
0
Businesses
168
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Listed by: Randy Pike • Mcclendon Realty LLC
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #132976
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.