305 Alabama StHamptonSC29924
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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 Hampton at 305 Alabama St, Hampton, SC, 29924 offers a 9.52% rental yield on a $179,000 purchase with $1,420/mo rent. Total monthly income registers $1,420/mo, and a $876/mo payment leaves $355/mo available for distribution. Annual cash flow reaches $4,255/yr on $59,339 to close, and return on cash invested stands at 27.08% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 141% and total cumulative return in cash at $83,667. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,420/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29924, Hampton, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,990 (100%) |
| Owner Occupied HU | 1,207 (60.7%) |
| Renter Occupied HU | 499 (25.1%) |
| Vacant Housing Units | 284 (14.3%) |
| Median Home Value | $207,993 |
| Average Home Value | $236,027 |
Housing Distribution
Address Breakdown
Residential
1,666
Single Family
1,665
Multi-Family
1
Businesses
359
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Listed by: Shaquetta A Wright • Howard Hanna Allen Tate Lowcou
Mls Name: Lowcountry Regional MLS
Mls ID: #192027