136 Vernon WayHemingwaySC29554
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 Hemingway at 136 Vernon Way, Hemingway, SC, 29554 earns $276/mo cash flow from $1,259/mo rent with a $808/mo payment. Total monthly income totals $1,259/mo, and annual cash flow totals $3,317/yr on $54,694 capital. ROI tracks 25.97% on current figures, and rental yield reads 9.16% at a $164,990 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,584 over five years. Five-year ROI reaches 135.12% and total cumulative return in cash sums $73,904. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,259/mo property income instead of your personal income.
Manufactured
Built in 2000
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29554, Hemingway, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,213 (100%) |
| Owner Occupied HU | 2,909 (69.0%) |
| Renter Occupied HU | 583 (13.8%) |
| Vacant Housing Units | 721 (17.1%) |
| Median Home Value | $137,612 |
| Average Home Value | $230,920 |
Housing Distribution
Address Breakdown
Residential
3,798
Single Family
3,710
Multi-Family
88
Businesses
278
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Equity Team • S.H. June & Associates, LLC
Mls Name: CCAR
Mls ID: #2526743