1602 Tomahawk St, Hemingway, SC, 29554 | $1,060/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hemingway at 1602 Tomahawk St, Hemingway, SC, 29554 offers a 13.69% rental yield on a $195,000 purchase with $2,225/mo rent. Total monthly income registers $2,225/mo, and a $954/mo payment leaves $1,060/mo available for distribution. Annual cash flow reaches $12,725/yr on $64,643 to close, and return on cash invested stands at 39.59% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 208.15% and total cumulative return in cash at $134,554. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,225/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1961

1 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