10381 Hardwick RdNicholsSC29581
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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 Nichols at 10381 Hardwick Rd, Nichols, SC, 29581 uses $78,234 cash to close to unlock $5,235/yr annual cash flow and $436/mo monthly cash flow. Total monthly income runs $1,841/mo, and a $1,155/mo payment keeps the spread at $436/mo. Purchase price stands at $236,000, and rental yield measures 9.36% with $1,841/mo rent. Return on cash invested shows 26.6% in year one, and 5% annual appreciation builds toward $65,202 over five years. Five-year ROI reaches 138.45% and total cumulative return in cash records $108,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,841/mo property income covering a $1,155/mo payment rather than investor’s personal income.
Single Family
Built in 1974
8.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29581, Nichols, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,152 (100%) |
| Owner Occupied HU | 1,442 (67.0%) |
| Renter Occupied HU | 310 (14.4%) |
| Vacant Housing Units | 400 (18.6%) |
| Median Home Value | $153,974 |
| Average Home Value | $189,027 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,839
Multi-Family
0
Businesses
42
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Listed by: Christine M Sloan • Living South Realty
Mls Name: Pee Dee Realtor Association
Mls ID: #20252360