114 Hamilton LnMc 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
Investment property for sale in Mc Cormick at 114 Hamilton Ln, Mc Cormick, SC, 29835 offers a 7.93% rental yield on a $340,000 purchase with $2,246/mo rent. Total monthly income registers $2,246/mo, and a $1,664/mo payment leaves $58/mo available for distribution. Annual cash flow reaches $698/yr on $112,710 to close, and return on cash invested stands at 20.53% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 106.52% and total cumulative return in cash at $120,054. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,246/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.38 Acres lot
$N/A/sqft
$164 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: Kerry Gambrell Hall • Savannah Lakes Realty
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #526349
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.