299 Williams Hill 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
Rental property for sale in Hemingway at 299 Williams Hill Rd, Hemingway, SC, 29554 priced at $200,000 pairs $1,775/mo rent with $584/mo cash flow after a $979/mo payment. Total monthly income equals $1,775/mo, and annual cash flow comes to $7,012/yr on $66,300 invested. Return on cash invested is 30.49% in year one, and rental yield stands at 10.65% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 159.29% and total cumulative return in cash reaches $105,608. For financing, Ziffy Mortgage’s DSCR program evaluates $1,775/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1980
0.50 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: Jeffrey Craig C Thomas • Tidewater Properties
Mls Name: CCAR
Mls ID: #2521953