15 Locust St WHamptonSC29924
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.69% yield at 15 Locust St W, Hampton, SC, 29924 in Hampton is solid, but the $1,057/mo payment compresses net cash flow to $107/mo at $235,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $64,926 by year five, and $2,164/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.42) without U.S. income documentation. Total projected return: $95,780.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 6.2% |
| Monthly Cash Flow | $107 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,506 |
| Total Monthly Debt Service | $1,305 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timothy Minchey • Hampton Properties Realty
Mls Name: My State MLS
Mls ID: #11587212