401 Mulberry St WHamptonSC29924
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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 Hampton at 401 Mulberry St W, Hampton, SC, 29924 priced at $395,000 converts $2,077/mo rent into after a $1,933/mo obligation. Total monthly income equals $2,077/mo. Return on cash invested prints 17.4% in year one, and rental yield reads 6.31% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 89.05% and total cumulative return in cash sums $116,610. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,077/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.40 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: Anna Fisher • The Homesfinder Realty Group (662)
Mls Name: REsides, Inc.
Mls ID: #501680