308 Channing Ct,Hopkins,SC,29061

Investment Highlights

Rental property for sale in Hopkins at 308 Channing Ct, Hopkins, SC, 29061 generates $1,485/mo in rent and, after a $905/mo payment, leaves $384/mo in cash flow. Total monthly income is $1,485/mo, and annual cash flow is $4,611/yr on $61,328 invested. Return on cash invested sits at 27.43% in year one, and rental yield is 9.63% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 142.9% and total cumulative return in cash sums $87,639. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,485/mo property income rather than buyer’s personal income.