224 Hotchkiss LnDuncanSC29334
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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
Rental property for sale in Duncan at 224 Hotchkiss Ln, Duncan, SC, 29334 priced at $319,000 pairs $2,118/mo rent with $219/mo cash flow after a $1,561/mo payment. Total monthly income equals $2,118/mo, and annual cash flow comes to $2,633/yr on $105,749 invested. Return on cash invested is 22.4% in year one, and rental yield stands at 7.97% on a $319,000 basis. Equity gained on principal adds $2,058/yr, and 5% annual appreciation accumulates to $88,134 by year five. Five-year ROI measures 115.89% and total cumulative return in cash reaches $122,557. For financing, Ziffy Mortgage’s DSCR program evaluates $2,118/mo property income against a $1,561/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29334, Duncan, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,399 (100%) |
| Owner Occupied HU | 5,090 (68.8%) |
| Renter Occupied HU | 1,843 (24.9%) |
| Vacant Housing Units | 466 ( 6.3%) |
| Median Home Value | $292,824 |
| Average Home Value | $298,164 |
Housing Distribution
Address Breakdown
Residential
7,955
Single Family
6,556
Multi-Family
1,399
Businesses
617
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Listed by: MEG SHAW • BHHS C Dan Joyner - Sptbg
Mls Name: SAR
Mls ID: #326733