116 Ballenger RdHodgesSC29653
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
Investment property for sale in Hodges at 116 Ballenger Rd, Hodges, SC, 29653 at $225,000 posts ROI 20.74% with $52/mo cash flow from $1,391/mo rent. Total monthly income equals $1,391/mo, and annual cash flow records $623/yr on $74,588 to close. Return on cash invested measures 20.74% and rental yield reads 7.42% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 107% and total cumulative return in cash totals $79,809.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,391/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1994
7.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29653, Hodges, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,106 (100%) |
| Owner Occupied HU | 1,643 (78.0%) |
| Renter Occupied HU | 240 (11.4%) |
| Vacant Housing Units | 223 (10.6%) |
| Median Home Value | $209,014 |
| Average Home Value | $335,899 |
Housing Distribution
Address Breakdown
Residential
1,967
Single Family
1,967
Multi-Family
0
Businesses
105
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Listed by: Natalie Parramore • Exp Realty LLC (Greenville)
Mls Name: MLS Of Greenwood Sc Inc.
Mls ID: #134414