231 E Hampton AveHonea PathSC29654
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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 Honea Path at 231 E Hampton Ave, Honea Path, SC, 29654 uses $84,499 cash to close to unlock $5,074/yr annual cash flow and $423/mo monthly cash flow. Total monthly income runs $2,016/mo, and a $1,248/mo payment keeps the spread at $423/mo. Purchase price stands at $254,900, and rental yield measures 9.49% with $2,016/mo rent. Return on cash invested shows 25.91% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 135.13% and total cumulative return in cash records $114,180. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,016/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29654, Honea Path, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,585 (100%) |
| Owner Occupied HU | 3,333 (72.7%) |
| Renter Occupied HU | 805 (17.6%) |
| Vacant Housing Units | 447 ( 9.7%) |
| Median Home Value | $196,450 |
| Average Home Value | $227,286 |
Housing Distribution
Address Breakdown
Residential
4,334
Single Family
4,334
Multi-Family
0
Businesses
243
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Listed by: Cassie J Alexander • Realty One Group Freedom
Mls Name: SAR
Mls Provider:
Mls ID: #324768
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.