116 Two Hitch RdGoose CreekSC29445
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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 Goose Creek at 116 Two Hitch Rd, Goose Creek, SC, 29445 with 5% annual appreciation on a $340,000 basis while $2,179/mo rent supports operations. Total monthly income totals $2,179/mo and a $1,664/mo payment preserves $155/mo for cash returns. Annual cash flow comes to $1,862/yr on $112,710 deployed, and return on cash invested reaches 21.56% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,936 alongside rental yield of 7.69%. Five-year ROI measures 111.41% and total cumulative return in cash totals $125,574.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,179/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1991
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29445, Goose Creek, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,491 (100%) |
| Owner Occupied HU | 15,756 (67.1%) |
| Renter Occupied HU | 6,667 (28.4%) |
| Vacant Housing Units | 1,068 ( 4.5%) |
| Median Home Value | $285,667 |
| Average Home Value | $299,128 |
Housing Distribution
Address Breakdown
Residential
23,229
Single Family
21,145
Multi-Family
2,084
Businesses
1,173
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Listed by: N/A • Coldwell Banker Realty
Mls Name: CTMLS
Mls ID: #25025018