109 W Hickory StAndrewsSC29510
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Andrews at 109 W Hickory St, Andrews, SC, 29510 generates $1,639/mo in rent and, after a $808/mo payment, leaves $656/mo in cash flow. Total monthly income is $1,639/mo, and annual cash flow is $7,877/yr on $54,698 invested. Return on cash invested sits at 34.31% in year one, and rental yield is 11.92% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 179.81% and total cumulative return in cash sums $98,351. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,639/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29510, Andrews, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,783 (100%) |
| Owner Occupied HU | 3,308 (69.2%) |
| Renter Occupied HU | 919 (19.2%) |
| Vacant Housing Units | 556 (11.6%) |
| Median Home Value | $150,212 |
| Average Home Value | $199,631 |
Housing Distribution
Address Breakdown
Residential
4,328
Single Family
4,152
Multi-Family
176
Businesses
314
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Listed by: N/A • Carolina One Real Estate
Mls Name: CTMLS
Mls ID: #25028054