1320 Smith Woods LnHickory GroveSC29717
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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 Hickory Grove at 1320 Smith Woods Ln, Hickory Grove, SC, 29717 listed at $115,000 pairs $882/mo rent with a $563/mo payment to leave $197/mo cash flow. Total monthly income runs $882/mo, and annual cash flow reaches $2,368/yr on $38,123 cash to close. Return on cash invested measures 26.12% in year one, and rental yield registers 9.2% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 135.94% and total cumulative return in cash totals $51,825. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $882/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1997
3.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29717, Hickory Grove, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 617 (100%) |
| Owner Occupied HU | 496 (80.4%) |
| Renter Occupied HU | 67 (10.9%) |
| Vacant Housing Units | 54 ( 8.8%) |
| Median Home Value | $212,319 |
| Average Home Value | $240,696 |
Housing Distribution
Address Breakdown
Residential
566
Single Family
566
Multi-Family
0
Businesses
30
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Listed by: Bryan Killian • Piedmont Carolinas Realty, Inc.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4258591
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-16 07:38:00 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)