15 Locust St WHamptonSC29924
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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 Hampton at 15 Locust St W, Hampton, SC, 29924 with 5% annual appreciation on a $235,000 basis while $1,506/mo rent supports operations. Total monthly income totals $1,506/mo and a $1,150/mo payment preserves $107/mo for cash returns. Annual cash flow comes to $1,288/yr on $77,903 deployed, and return on cash invested reaches 21.56% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 7.69%. Five-year ROI measures 111.44% and total cumulative return in cash totals $86,812.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,506/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29924, Hampton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,990 (100%) |
| Owner Occupied HU | 1,207 (60.7%) |
| Renter Occupied HU | 499 (25.1%) |
| Vacant Housing Units | 284 (14.3%) |
| Median Home Value | $207,993 |
| Average Home Value | $236,027 |
Housing Distribution
Address Breakdown
Residential
1,666
Single Family
1,665
Multi-Family
1
Businesses
359
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Listed by: Timothy Minchey • Hampton Properties Realty
Mls Name: My State MLS
Mls ID: #11587212