20338 Choppee Rd.HemingwaySC29554
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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 Hemingway at 20338 Choppee Rd, Hemingway, SC, 29554 earns $763/mo cash flow from $2,340/mo rent with a $1,297/mo payment. Total monthly income totals $2,340/mo, and annual cash flow totals $9,151/yr on $87,848 capital. ROI tracks 30.33% on current figures, and rental yield reads 10.6% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 158.41% and total cumulative return in cash sums $139,155. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,340/mo property income instead of your personal income.
Single Family
Built in 1955
1.60 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
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Listed by: Tamatha L Lewis • Century 21 Palms Realty
Mls Name: CCAR
Mls ID: #2529279